Environmental regulators should seek “a comprehensive analysis as it relates to understanding the potential environmental effects of digital asset mining,” according to the letter, which was signed by Sen. Cynthia Lummis (R-Wyo.), one...
👋 Want to work with us? CryptoSlate is hiring for a handful of positions!For the first time since 2020, Ethereum mining has become unprofitable for many miners connected to a traditional energy...
Crypto Mining Under White House Scrutiny
Soaring energy costs and climate goals are gradually drawing the Biden administration’s attention towards the toll that the mining of and other cryptocurrencies is having on the...
In theory, miners turn off their machines whenever bitcoin prices drop significantly, and it becomes unprofitable to keep them running. This time, even though hashprice has decreased, we haven’t seen this sort of...
