Elizabeth Warren, Congressional Dems are coming for crypto miners
Just seven Bitcoin miners will use up the same amount of electricity as the entire city of Houston
Politics aside, this is the centuries-old all-American industrial story: The cost of that electricity may be set by the market but the public gets stuck with the effulent — in this case, all that carbon dioxide added to the atmosphere.
Regulating the monetary aspect of cryptocurrency is one thing; taxing carbon emissions is another.
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