Bitcoin mining community on edge as Kazakhstan rations energy, Elizabeth Warren studies its climate impact

[Redaktion]

Cryptocurrency miners face a perfect regulatory storm from the looming financial regulation of digital assets on one side and the upcoming climate change bills on the other. Bitcoin mining in Kazakhstan became the second-largest globally after China banned its miners, but the country's energy infrastructure can't handle the load, and large mining platforms are relocating to the US. Here, however, Senator Elizabeth Warren has sent a letter demanding more info on the climate impact of Bitcoin mining, spelling further regulatory trouble for miners.

https://www.notebookcheck.net/Bitcoin-mining-community-on-edge-as-Kazakhstan-rations-energy-Elizabeth-Warren-studies-its-climate-impact.583000.0.html

[vrvly]

They got to understand how much more efficient it is compared to current system, why is the mining done and how important it is now in economic crisis.