Senator Warren Bitcoin mining tweet called ‘disinformation’ by crypto community

2 years ago

Several crypto stakeholders person described Senator Elizabeth Warren’s latest tweet astir Bitcoin (BTC) mining enactment arsenic “disinformation.”

The Democrat legislator had agreed with a New York Times study that Bitcoin mines were expanding vigor bills for Americans and causing arsenic overmuch contamination arsenic 3.5 cardinal cars.

Warren said she has severally called attraction to “the risks that Bitcoin poses to our powerfulness grids and climate.” She urged the authorities to “require cryptominers to disclose their vigor usage and emissions.”

Several crypto experts antecedently criticized the study cited by Warren. They described it arsenic a hit piece that manipulated information to beryllium that Bitcoin mining activities were bad.

Crypto assemblage reaction

The lawmaker’s connection generated beardown reactions from the crypto community, which vehemently denied her claims.

MicroStrategy president Michael Saylor told the Senator that Bitcoin miners don’t make contamination and summation vigor bills. Saylor added:

“They are information centers moving connected excess energy that would different beryllium wasted, and execute the captious relation of powering the astir unafraid machine web successful the world.”

A clime activistic Daniel Batten pointed out that “the increases successful Texas energy prices are successful enactment with the increases crossed the USA implicit that play of time. Nothing to bash with Bitcoin mining.”

Bitcoin advocator Jane Adams responded that Bitcoin mining has nary c emissions and reduces contamination by “utilizing stranded assets, and strengthens vigor grids each implicit the U.S.”

Meanwhile, others were not truthful civilian successful their effect arsenic they accused the Senator of spreading misinformation. Several others tagged Elon Musk to woody with the disinformation connected the platform.

Warren’s anti-crypto stance

Senator Warren has a agelong past of anti-crypto stand. The Senator has ne'er missed an accidental to knock the manufacture and precocious shared a plan to “build an anti-crypto army.”

Warren has besides described Bitcoin arsenic an ephemeral token with nary worth and called for the improvement of a cardinal slope integer currency(CBDC).

The station Senator Warren Bitcoin mining tweet called ‘disinformation’ by crypto community appeared archetypal connected CryptoSlate.

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