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Bonus: Nic Carter Article on WH Report on Bitcoin Mining Climate Impact

Coin Stories

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The US Government Is Using ESG to Politicize the Electricity Sector

The OSTP is asking that miners be forced to meet a completely impossible standard. If they can't meet that, they are asking Congress to regulate mining out of existence. Regulating Bitcoin mining is like squishing the water inside a water balloon and expecting the balloon's volume to decrease. Non-US miners would almost immediately be producing 42-66% more units of Bitcoin with their same level of exertion.

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