According to a recent report by Fox journalist Eleanor Terret, House Majority Whip Tom Emmer has accused the Biden administration of abusing its power to “unfairly” target Bitcoin (BTC) miners within the cryptocurrency industry. Emmer’s concerns stem from the approval of an emergency request by the Office of Management and Budget (OMB) for 82 Bitcoin […]
The European Commission (EC) is facing criticism from the crypto community over its proposed methodology to calculate and mitigate the “environmental” impact of Bitcoin. Daniel Batten, co-founder of CH4 Capital, has expressed concerns that the EC’s approach could lead to an EU mining ban and have far-reaching consequences for the global Bitcoin community. Batten argues that […]
Bitcoin Community Accuses BBC Of Sensationalism In Controversial Mining Article | Bitcoinist.com
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A recent article published by the BBC has sparked a heated debate among cryptocurrency enthusiasts and critics regarding the environmental impact of Bitcoin (BTC) mining. The piece, titled “Every Bitcoin payment ‘uses a swimming pool of water,’” raised concerns about the water consumption associated with the mining process. However, critics argue that focusing solely on […]