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US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption

Published 08/18/2022, 05:32 PM
Updated 08/18/2022, 07:20 PM
US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption
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Four members of the United States House of Representatives from the Energy and Commerce Committee have demanded answers from four major crypto mining firms in regards to the potential effects of their energy consumption on the environment.

In letters dated Wednesday to Core Scientific, Marathon Digital Holdings, Riot Blockchain (NASDAQ:RIOT), and Stronghold Digital Mining, U.S. lawmakers Frank Pallone, Bobby Rush, Diana DeGette, and Paul Tonko requested the companies provide information from 2021 including the energy consumption of their mining facilities, the source of that energy, what percentage came from renewable energy sources, and how often the firms curtailed operations. The four members of the House committee also inquired as to the average cost per megawatt hour the companies spent mining crypto at each of their respective facilities.

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