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3 US agencies would have to analyze the energy consumption of Bitcoin with this law

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United States Senate.

If the bill by Senators Cynthia Lummis and Kirsten Gillibrand to regulate cryptocurrencies is approved in the United States (USA), the energy consumption of Bitcoin mining will have to be subject to annual analysis by a office of the government of that country, in order to avoid energy waste and promote the use of renewable …

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Is Bitcoin a threat to the environment? Let’s analyze the facts

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bitcoin-consumes-0.04% -electric-energy

Key facts: By 2020, bitcoin energy consumption represented less than 0.04% of global consumption. The traditional financial system consumes twice as much energy as bitcoin. Time after time, Bitcoin mining has been listed as a highly polluting activity and a threat to the environment. According to an analysis from the Cambridge Center for Alternative Finance …

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