In early May, just one day after the Pennsylvania House of Representatives held a public hearing on the cryptomining industry and climate change, the White House called for a new tax on the enormous amount of electricity used by cryptomining companies to minimize the industry’s outsized impact in worsening the climate crisis. It’s becoming clear that the cryptomining industry, which has exploded in recent years in the U.S., is energy-intensive and operating with little government oversight. And the industry has made its way into Pennsylvania, with various cryptomining companies setting up shop across the ... (full story)