White House Condemns Energy Use Of Mining Bitcoin – Bitcoin Magazine

  • Per President Biden’s executive order, the White House Office of Science and Technology submitted its report on bitcoin mining’s climate impact.
  • The report alludes to possible executive orders and legislation from congress to “limit” or “eliminate” proof-of-work mining.
  • Some of the cited resources have been criticized for biases to certain industries and spreading misinformation.

The White House Office of Science and Technology released a report claiming bitcoin mining negatively impacts the environment and hints towards banning proof-of-work.