Published: 28.03.2022
Article reading time:
1 minute.
The White House Office of Science and Technology Policy (OSTP) has launched a public stakeholder survey regarding the impact of cryptocurrency mining on the environment and climate in the United States.
The survey should reflect “the potential for digital assets to hinder or advance efforts to combat climate change” as well as “the potential for a transition to clean and reliable electricity.” The document says that interested parties can post their comments regarding the impact of mining on the environment and climate until May 9th.
Comments on ways to mitigate climate damage and reduce energy consumption for cryptocurrency mining would be especially welcome. OSTP stands ready to consider the potential energy or climate benefits of cryptocurrency mining for US policy.
Energy-intensive mining has become a hot topic of discussion in recent years. Legislators around the world have put forward a proposal to ban the mining of cryptocurrencies on Proof-of-Work (PoW), citing environmental concerns. However, industry advocates believe that the data that PoW mining uses more energy than some industrialized countries is unreliable.
Recently, the New York State Environmental Protection Committee approved a bill to ban the mining of PoW cryptocurrencies, including Bitcoin, for two years. However, the Committee of the European Parliament voted against restrictions for PoW mining in Europe.
Source: Bits
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