Friday, April 19, 2024

Biden Administration and Proof of Work

By DAC000 , in Bitcoin , at June 1, 2022 Tags:

according to Bloomberg Law. The goal of The Administration is to create policy reducing both energy consumption and emissions for Proof of Work cryptocurrecys such as Bitcoin. About a two minute read.

Comment: won’t be released until August, so there is plenty of time for the cryptocurrency lobby to engage. Curious nobody ever questions the energy consumption of fiat currency such as USD.