comparemela.com

The DAME tax on crypto mining introduced by President Biden is a commendable first step towards addressing the climate and community impacts of this energy-intensive activity– however, it is not a long-term solution. The detrimental effects of crypto mining like that of Bitcoin in particular on the environment and society are widespread and necessitate a fundamental change in its polluting and energy-intensive code it employs. Recognizing and regulating the industry is a positive sign of increasing awareness and resistance to Bitcoin mining's harmful practices but it is only the first step.

Related Keywords

Washington ,United States ,New York ,Joshua Archer ,Environmental Working Group ,Digital Asset Mining Energy ,New York Times ,President Biden ,Greenpeace United States ,Bitcoin Project Lead ,

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.