The United States House Committee on Energy and Commerce has announced a hearing on the cryptocurrency industry’s energy consumption. The hearing will take place on Thursday, January 20, 2022. “In just a few short years, cryptocurrency has seen a meteoric rise in popularity. It’s time to understand and address the steep energy and environmental impacts it is having on our communities and our planet,” said Committee Chairman Frank Pallone (D-NJ) and Oversight and Investigations Chair Diana DeGette (D-CO) in a joint statement. The two added that a focus of this hearing would be on proof-of-work (PoW) blockchains—like ... (full story)