Citing “disturbing” levels of power used by cryptocurrency miners, a group of Democrats led by Sen. Elizabeth Warren is urging the Environmental Protection Agency and the Department of Energy to crack down on the controversial industry. The letter, signed by four senators and two representatives, calls on regulators to compel cryptominers to disclose their carbon emissions and energy use. Environmentalists have long raised concerns about Bitcoin and other power-hungry, proof-of-stake tokens — and globally, cryptocurrencies are estimated to consume more energy than entire countries, such as Venezuela and Finland

Interestingly, its massive popularity was mainly established back in 2014, when H24 officially partnered with influential and gigantic Bitcoin mining company Bitfury.

Globitex, a crypto exchange & wallet platform, has today announced a cooperation with Bitfury Group’s Crystal Blockchain, which provides boosted Anti Money Laundering compliance and security measures to its clients through the Bitfury Crystal... The Bitfury Group, a full-service blockchain technology company, today launched a white-label bitcoin wallet to help businesses integrate bitcoin payments into their operations.