In the US, the Biden administration is asking Bitcoin miners to propose policies to reduce their energy use and carbon footprint. The government is expected to publish a study on Bitcoin mining in August this year. Critics have long wanted the government to step in.
Miners Are Concerned
The focus of the study, which will be announced in August, is to uncover whether crypto mining is jeopardizing the country's climate goals. The Environmental Working Group, Greenpeace USA and Earthjustice called on the White House to take action to reduce the carbon emissions associated with BTC mining.