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Bitcoin.com 2021-06-10 20:30:52

Senator Warren Calls Out Bitcoin’s Energy Consumption — Bitcoiners Bite Back

U.S. Senator Elizabeth Warren criticized Bitcoin and cryptocurrencies yesterday in a Banking Senate Subcommittee hearing. In the hearing, Warren criticized the energy consumption that Bitcoin and other proof-of-work (PoW) cryptocurrencies need to operate. Warren also thinks cryptocurrencies are the “wild west” of investments and called for a regulatory crackdown on the industry. Some on social […]

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