The Currency analytics
By Maheen Hernandez
Paradigm won't back down. The crypto heavyweight fired back at U.S. lawmakers who want to slam the brakes on mining operations, claiming these digital currency factories actually…
The pushback comes as Congress eyes new rules that could gut the mining industry. Senators and House members are freaking out about energy consumption, but Paradigm says they're…
On February 15, Paradigm dropped a report trying to convince policymakers that miners aren't the energy villains everyone thinks they are.
But lawmakers aren't really listening yet. Senator Lisa Murkowski grilled industry folks during a February 14 hearing, worried about power grids buckling under the weight of all…
The North American Electric Reliability Corporation jumped into the fight on February 12, warning that Texas might face blackouts because of too many mining operations.
Meanwhile, some miners are trying to play nice with green energy. The Renewable Energy Institute found that Wyoming operations are partnering with wind farms to use electricity…
New York didn't wait around for federal action. State officials proposed a moratorium on February 14 that would freeze new mining operations until environmental experts can…
California jumped on the bandwagon too. The California Energy Commission announced plans on February 16 to study how mining affects local power supplies.
Texas Governor Greg Abbott sees things differently. He told reporters on February 15 that "Texas is open for business, and we welcome innovation in all forms.
Academic researchers are trying to sort through the mess. Dr. Sarah Johnson at the University of Michigan released findings on February 14 showing that mining does pump out…
The Environmental Protection Agency is staying quiet for now. Agency officials are working on their own analysis, but results won't come out until mid-2026.
Ehrsam is scheduled to meet with Department of Energy officials later this month. He's hoping to find some middle ground that keeps miners happy and regulators satisfied.
The industry can't really afford to lose this fight. Mining operations employ thousands of people and pump billions into local economies, especially in rural areas that don't…
Paradigm keeps pushing the message that mining isn't just about making money from digital coins.
But critics aren't convinced that crypto mining is worth the environmental cost. Environmental groups point to studies showing that Bitcoin alone uses more electricity than…