The lawmakers claimed that Bitcoin miners consumed approximately 1.4 percent of the country's electricity
Senators Ed Markey (D-Mass.) and Jeff Merkley (D-Ore.), as well as Rep. Jared Huffman (D-Calif.), introduced new legislation on Thursday. If passed, this bill would direct the Environmental Protection Agency to investigate the energy consumption and environmental impact of crypto mining. California Representative Jared Huffman and Massachusetts Senator Ed Markey announced on December 8 that they were ‘sounding the alarm’ about the energy consumption of crypto mining in the United States.
Huffman said, “Granting this industry impunity to inflict such environmental harm runs counter to numerous federal policies, and we need to understand the full harm this industry presents…My bill with Senator Markey will require crypto mining facilities to report their carbon dioxide emissions, as well as a detailed interagency study on crypto’s environmental impacts — finally pulling the curtain back on this industry.”