White House Looks To Shut Down Bitcoin Mining Because Of ‘Climate Change’

It’s always something with these watermelon nutjobs

White House: Bitcoin Mining Must Be Greener—Or US Should Ban It

The White House today suggested that U.S. lawmakers and regulators could soon crack down on cryptocurrency mining because of its large carbon footprint.

In a Thursday report, mandated by President Biden in an executive order in March, the White House Office of Science and Technology Policy said crypto miners should reduce greenhouse gas emissions, with help from the Environmental Protection Agency (EPA), the Department of Energy (DOE), and other federal agencies.

It proposed that the government collect more data on power usage from the industry, advance energy efficiency standards—and it promoted the “use of environmentally responsible crypto-asset technologies.”

But the White House also went as far to say that if measures to make mining greener don’t work, energy-intensive crypto mining, namely Bitcoin, could be banned altogether.

“Should these measures prove ineffective at reducing impacts, the Administration should explore executive actions, and Congress might consider legislation, to limit or eliminate the use of high energy intensity consensus mechanisms for crypto-asset mining,” the report said.

Well of course they’ll jump to banning it, which would then see the mining simply move to other countries. If they can’t handle the energy for this, how can they handle it for EVs?

(Barrons) The White House Office of Science and Technology Policy recommended in a report Friday that greenhouse gas emissions and other environmental impacts stemming from crypto “mining” should be limited. The team called for standards for low energy intensities, low water usage, low noise generation, clear energy usage by operators, and standards over carbon-free generation to match or exceed electricity load that tighten over time.

Mostly, it seems that these people who say Republicans are the Fascists want to control everything Bitcoin.

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