Callaway Climate Insights

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Callaway Climate Insights
Will crypto mining clean up its virtual slag heap? The White House fires a warning shot.
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Will crypto mining clean up its virtual slag heap? The White House fires a warning shot.

Energy-intensive industry uses more electricity than all U.S. home computers.

Matthew Diebel
Sep 15, 2022
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Callaway Climate Insights
Callaway Climate Insights
Will crypto mining clean up its virtual slag heap? The White House fires a warning shot.
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Do you understand in the vaguest way what the cryptocurrency industry is all about? If you’re like most Americans, likely not. You probably will, however, understand these figures: Crypto mining, such as carried out by Bitcoin, Ethereum and other players, consumes as much energy as all home computers or all residential lighting in the U.S. The resultant…

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