Elizabeth Warren asks about Bitcoin Mining Operation, US Senator says that Krypto-Miner express environmental concerns-

Senator Elizabeth Warren has written a letter to the CEO of the New York Bitcoin mining company Greenidge Generation, Jeff Kirt, and asked for details of the company's emissions. Warren's letter insists on "Greenidge and others" [Bitcoin Mining] plants express concerns about their effects on the global environment. "

Elizabeth Warren aims at Bitcoin mining operation

The former Jura professor and senator of the United States' Democratic Party from Massachusetts, Elizabeth Warren , has targeted cryptocurrency-mining operations after criticizing the digital currency markets lately. In mid-September Warren Securities and Exchange Commission (SEC) to examine the increasing supervision of digital currencies. Warren has also denounced the mining of cryptocurrencies in the past and Environmental effects of Bitcoin mining on many occasions.

On December 2, Warren Greenidge generation Holdings , Jeff Kirst, with the news publication Bloomberg. "In view of the extraordinarily high energy consumption and CO2 emissions in connection with Bitcoin mining, mining companies in Greenidge and other works give concerns about their effects on the global environment, local ecosystems and the electricity costs of consumers," explains Warrens letter. The US Senator also tweet the Bloomberg article about her official Twitter account and on :

crypto mining causes enormous environmental costs and increases energy prices for consumers. Bitcoin alone consumes as much energy as the state of Washington. I am calling the Bitcoin company to [Greenidge Generation] to provide information about its company and environmental effects.

Warren: "We have to understand better how many energy facilities such as Greenidge consume"

According to Bloomberg's contributing author Josh Saul, this is "the first time that Warren interviews a certain miner". The Senator of Massachusetts continued Bloomberg that the legislator had to better understand these mining systems. "We have to better understand how much energy systems such as Greenidge consume, how much they emit in the environment and what effects they have on electricity prices for American consumers," emphasized Warren.

The Bitcoin-Miner Greenidge Generation said on many occasions that the company uses green solutions to reduce Bitcoin ( btc ). The Greenidge generation power plant in Dresden, NY, uses "natural gas to generate electricity". In addition, "the GreenIDGE generation runs on a new level of thermodynamic efficiency and reaches historical lows in the electricity generation costs", according to the company Details .

Greenidge is operated by Atlas Holdings, and the company's website explains that the company buys emission certificates. A number of other Bitcoin mining companies also use solutions for emission certificates and solutions for renewable energies.

What do you think of the Senator from Massachusetts, Elizabeth Warren, who criticizes the Bitcoin mining industry and sends a letter to the Greenidge CEO? Let us know your opinion on this topic in the comments below.

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