BeInCrypto –
The CEOs of FTX and MicroStrategy commented on Senator Warren’s claim that cryptocurrency mining was killing the planet.
Twitter saw a small spat recently between Senator Elizabeth Warren and a pair of cryptocurrency CEOs. Both Sam Bankman-Fried and Michael Saylor responded to a tweet from Senator Warren pleading for a crackdown on mining. The disagreement centered around comments that Senator Warren made regarding the environmental impact that Bitcoin mining was contributing to the death of the planet.
Warren tweeted a link to an article from the New York Times on cryptocurrency mining, accompanied by a tweet reading: “Bitcoin mining consumes roughly the same amount of electricity as Washington state—putting pressure on our power grids and worsening the #ClimateCrisis. We need to protect our planet and crackdown on environmentally wasteful crypto mining practices.
This story was seen first on BeInCrypto Join our Telegram Group and get trading signals, a free trading course and more stories like this on BeInCrypto
