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Earthjustice and Sierra Club Release Comprehensive Guide to Environmental Impacts of Cryptomining

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New guidebook breaks down nebulous and opaque industry and false claims to sustainability

NEW YORK, NY — 

Today, Earthjustice and the Sierra Club published a new guidebook, The Energy Bomb: How Proof-of-Work Cryptocurrency Mining Worsens the Climate Crisis and Harms Communities Now. The guidebook is a comprehensive report on the opaque and little-regulated cryptocurrency mining industry and its negative effects on the climate, local communities, and public health. It also provides a mythbusting section that tackles the industry’s greenwashing talking points to justify its massive energy use. The paper’s co-authors joined with advocates from directly impacted communities and New York Assembly Member Anna Kelles — author of the country’s first-ever cryptocurrency mining moratorium legislation — to present the guidebook and advocate for better regulation. 

Read the guidebook: The Energy Bomb: How Proof-of-Work Cryptocurrency Mining Worsens the Climate Crisis and Harms Communities Now

Watch the press conference.

The White House’s Office of Science and Technology Policy put out a groundbreaking report this month that confirms many of the findings of this paper: proof-of-work cryptocurrency mining is incompatible with federal and local emissions reductions goals, it can not continue unabated. Read more