expected to be the currency of the internet cryptocurrency units remain popular. Such diversification leads the governments of countries to conduct studies on these currencies. Of course, it should be noted that cryptocurrencies have both disadvantages and advantages. One of these is environmental effects†

The United States, one of the countries where cryptocurrencies are most prevalent, passed a decree last month that made an investor happy. In addition, the country’s finance minister stated that he finds cryptocurrencies useful. But now the news has revealed congressmen in the country are concerned about the environmental impact of cryptocurrencies.

Members of Congress Want More Controls on the Environmental Impact of Cryptocurrencies

Bitcoin’s use of the proof-of-work method has been heavily criticized for the high energy and processing power required. According to the statements, this situation significantly increases the ecological footprint. Research shows that global Bitcoin mining consumes as much energy as Argentina in just one year. expressed concern about such environmental impacts. US officials He also appealed to the country’s environmental protection agency.

The group of 23 congressmen met last Wednesday. United States Environmental Protection Agency (EPA) He sent a letter to his manager, Michael Regan, regarding his cryptocurrency mining activities. In the statements, the letter stated that the effects of cryptocurrencies on the environment further inspection It was reported that he was sent to call for…

In their letter to the EPA, officials said:That cryptocurrency facilities across the country are polluting communities and contributing massively to greenhouse gas emissions our serious concerns there is” the expressions used. Members of Congress also drew attention to the effect of proof-of-work method, noise pollution caused by cryptocurrency facilities and the need for more granular monitoring of these situations, while drawing attention to the fact that ownership of digital assets rather of processing power required. proof of commitment emphasized the existence of such technologies.

In short, the implications of cryptocurrencies for our planet, which is already struggling with climate change, will be discussed. While such concerns persist, some experts argue that concerns about these currencies are misplaced. Even published some reports banking systems It turns out that it consumes much more (twice) energy than Bitcoin. You can share your thoughts on the topic in the comments.