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The Bitcoin Mining Council (BMC) responded to a letter sent to the United States Environmental Protection Agency (EPA) administrator Michael Regan by Democratic legislators last month with a letter of its own seeking to rectify inaccuracies about Bitcoin (BTC) mining and its environmental impact.
Penned by MicroStrategy CEO Michael Saylor, Castle Island Ventures partner Nic Carter and Darin Feinstein of Core Scientific, the BMC letter, which has over 50 signers, highlights alleged misconceptions in the document sent to Regan. In particular, the authors said that the original letter, which was signed by Democratic Representative Jared Huffman and 22 members of Congress, “confuses datacenters with power generation facilities,” among other inaccuracies.
The European Central Bank, or ECB, will reportedly be preparing to implement a new law by warning European Union member states about the necessity of harmonizing regulations for...
Celsius (CEL) has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol since the beginning of the month, signaling that the troubled crypto lending platform...
The bears are attempting to sink Bitcoin (BTC) below $19,000 to further cement their advantage over the crypto market. Analysts watching Bitcoin’s MVRV-Z Score, a metric that...
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