MIT Researchers Argue Bitcoin Mining Needs More Studies to Avoid Greenwashing

MIT Researchers Argue Bitcoin Mining Needs More Studies to Avoid Greenwashing

A MIT research paper suggests Bitcoin (BTC) miners' claims of net benefit to the power grid need closer scrutiny.
The study emphasizes the need to factor in the cost of adding infrastructure to connect Bitcoin mining to the power grid.
The US SEC is developing climate-related disclosure rules for miners that could standardize reporting.