White House Releases Report On: Crypto Mining Ef...

A September 2022 White House OSTP report highlights that U.S. crypto-asset mining consumes significant electricity—roughly 0.9% to 1.7% of total domestic usage—and poses substantial climate and local environmental risks. The report recommends developing federal energy standards and potential legislative restrictions on high-energy mining to ensure compliance with net-zero emissions goals. For more details, visit White House bidenwhitehouse.archives.gov/wp-content/uploads/2022/09/09-2022-Crypto-Assets-and-Climate-Report.pdf.