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Climate groups to bitcoin: Cut the pollution, and the B.S.
As ethereum, the world’s second largest cryptocurrency, dramatically cuts its climate pollution, environmental groups have intensified pressure on bitcoin to meet or beat ethereum’s environmental...
EWG applauds cryptocurrency energy use oversight provision in Senate digital assets bill
The Environmental Working Group today applauds Sen. Debbie Stabenow (D-Mich.), chairwoman of the Senate agriculture committee, Sen. John Boozman (R-Ark.), the ranking member, and Sens. Cory Booker (D...
Congressional investigation finds U.S. crypto miners consume enough electricity to power Houston, cause bill spikes
The explosion of U.S. cryptocurrency mining operations and the electricity needed to power the computer-based financial transactions are hiking energy bills and greenhouse gases, according to a...
In bid to protect state’s power grid from collapse, energy-sapping Texas bitcoin miners paid to shut down
Some of the country’s largest and most energy-intensive cryptocurrency mining sites based in Texas are effectively getting paid by ratepayers to pause operations, as record temperatures put the state...
Biden administration must rein in electricity-intensive cryptocurrency mining to meet climate goals
Environmental organizations led by Greenpeace, Environmental Working Group and Earthjustice filed comments Monday with the White House, urging the Biden administration to act to reduce the greenhouse...
EWG, others urge New York Senate to pass two-year pause on fossil-fuel intensive bitcoin mining
The New York State Assembly passed legislation on Tuesday that would impose a two-year pause on new “proof of work” cryptocurrency mining operations in the state that rely on electricity from fossil...
Change the code, not the climate
A campaign to push bitcoin to change its software code to use far less energy was launched today by the Environmental Working Group, Greenpeace USA and several groups battling bitcoin mining...
