Bitcoin bulls defend mining in letter to EPA and Wikipedia ends crypto donations: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Darin Feinstein of Core Scientific explains why he chose to co-author a letter to the […]
Bitcoin miners rebut claims made by US Democratic legislators to EPA administrator
In a note authored by Michael Saylor, Nic Carter and Darin Feinstein, the Bitcoin Mining Council alleges that lawmakers can’t tell the difference between a data center and a power plant. The Bitcoin Mining Council (BMC) responded to a letter sent to the United States Environmental Protection Agency (EPA) administrator Michael Regan by Democratic legislators […]
Dorsey, Feinstein, Saylor, Fidelity and others defend environmental impact of bitcoin mining in letter to EPA
Some of the biggest names in bitcoin — including Jack Dorsey, Tom Lee, and Michael Saylor — have banded together to refute claims made by House Democrats calling on the Environmental Protection Agency to investigate the environmental effects of crypto mining. Bitcoin operates on a proof-of-work (PoW) mining model, meaning that miners around the world run high-powered computers to […]