CLEAN CLOUD ACT COULD HIT CRYPTO MINERS WITH HEAVY EMISSIONS PENALTIES
A new U.S. Senate draft bill, the Clean Cloud Act, targets crypto mining and AI data centers, requiring major facilities to cut carbon emissions or face escalating fines.
Data centers using over 100kW would need to reduce emissions by 11% annually or pay penalties starting at $20/ton, rising each year. Crypto miners, already under energy scrutiny, could be among the hardest hit.
As regulations tighten, can crypto mining evolve fast enough to stay sustainable?
Source: @TheBlock__