Some of the biggest names in bitcoin including Jack Dorsey, Tom Lee, and Michael Saylor have banded together to refute claims made by House Democrats calling on the Environmental Protection Agency to investigate the environmental effects of crypto mining.
Rep. Jared Huffman along with nearly two dozen House legislators, wrote to the EPA last week asking that the regulatory body ensure mining companies are in compliance with the Clean Air Act and Clean Water Act, citing serious concerns regarding reports that cryptocurrency facilities across the country are polluting communities and are having an outsized contribution to greenhouse gas emissions.
A mix of bitcoin miners and industry experts make the case that House Democrats got a lot wrong in their messaging about the fundamentals of proof-of-work mining.