View full page at cryptocraft.com

 

US judge halts government effort to monitor crypto mining energy use

From theguardian.com

The US government has suspended its effort to survey cryptocurrency mining operations over their ballooning energy use following a lawsuit from an industry that has been accused by environmental groups of fueling the climate crisis. A federal judge in Texas has granted a temporary order blocking the new requirements that would ascertain the energy use of the crypto miners, stating that the industry had shown it would suffer “irreparable injury” if it was made to comply. The US Department of Energy had launched an “emergency” initiative last month aimed at surveying the energy use of mining operations, which typically ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis