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Cardano Founder Says Bitcoin Mining Is Point of Contention for | https://t.me/Mining_Crypto_Miner

Cardano Founder Says Bitcoin Mining Is Point of Contention for U.S. Lawmakers

Cardano founder Charles Hoskinson says that there are some tensions in Washington regarding cryptocurrency mining since many lawmakers view Bitcoin as wasteful. "Energy-producing states have an enormous excess of energy. For example, natural gas production crates flare gas.

Other people say we are wasting electricity," he said during a recent live stream. There is a strong desire among left-leaning lawmakers to involve the Department of Energy in the mining conversation. There are some efforts to outlaw mining and replace proof of work with other consensus algorithms if miners cannot find a way to be carbon-neutral or negative.

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