Cynthia Emesibe
March 15, 2023 | National Law Journal
Are Regulations Coming to Address Energy Consumption in the Cryptocurrency Industry?Creating a single bitcoin requires 750.33 kilowatt-hours of electricity, which is the equivalent of powering a house for 25.72 days. Recent crypto-focused legislative proposals are an indicator of the increased attention on energy usage and environmental impacts of the cryptocurrency industry.
By Cynthia Emesibe and Allison Watkins Mallick
6 minute read
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