The science and tech department recommends the Biden administration should encourage more research about bitcoin mining’s electricity consumption.
Bitcoin Mining Threatens America's Climate Change Efforts, White House Science and Tech Department Says
According to the U.S. Office of Science and Technology Policy , bitcoin mining could curb the government’s efforts to battle climate change. The OSTP document claims crypto mining operations, particularly blockchains that leverage proof-of-work , cause air, noise, and water pollution, according to aThe OSTP’s report declares that cryptocurrency mining could “raise environmental justice issues for underserved communities.” U.S.
“Depending on the energy intensity of the technology used, crypto assets could hinder broader efforts to achieve net-zero carbon pollution in line with US climate commitments and goals,” the OSTP explained in the report.
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