Is this going to inflict a hard blow on the crypto infrastructure?
"The Biden administration is teeing up policy recommendations to lower cryptocurrency minings energy consumption and emissions footprint, marking its first major foray into a poorly understood industry that critics say threatens U.S. climate goals and strains the power grid.
Its important, if this is going to be part of our financial system in any meaningful way, that its developed responsibly and minimizes total emissions, Costa Samaras, principal assistant director for energy for the White House Office of Science and Technology Policy, told Bloomberg Law."...
https://news.bloomberglaw.com/environment-and-energy/crypto-miners-energy-climate-costs-draw-white-house-scrutiny