Wall Street

Crypto Mining Could Be Raising Your Electric Bill

Published by
InsideHook

By Tobias Carroll It is no secret that cryptocurrency mining uses a copious amount of energy — an amount that, in some cases, exceeds the power required by entire nations. When that aspect of crypto comes up, it’s generally spoken about in terms of its effect on emissions. But according to the results of a recent Senate investigation, crypto mining might also be contributing to larger energy bills around the country. That’s one of the big takeaways from this article at The Guardian, which comes on the heels of a letter signed by several members of Congress and addressed to the Environmental Pr…

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