Witnesses Debate Crypto Mining’s Efficiency in Congressional Hearing on Environment

Rep. Cathy Rodgers (R-Wa.), who began the hearing with an off-topic speech about inflation, COVID and the current U.S. president, asked about the potential of blockchain to protect citizens’ privacy, as well as the potential adverse impact of regulation on job and investment growth. Rep. Annie Kuster (D-N.H.) inquired about innovations that could stem from bitcoin mining and benefit other industries.

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