Share this article
U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions
The bill also requires the EPA to study the effect crypto mining has on the environment.
By Nikhilesh De
Updated Mar 3, 2023, 7:08 p.m. Published Mar 3, 2023, 6:00 p.m.
U.S. Sen. Edward Markey (D-Mass.) and Rep. Jared Huffman (D-Calif.) reintroduced a bill to require crypto miners to disclose their emissions and the Environmental Protection Agency to report on the effects of crypto mining.
The Crypto-Asset Environmental Transparency Act, which was first introduced in December and which is cosponsored by Sen. Jeff Merkley (D-Ore.), would mandate the EPA to conduct a study on what impact miners using more than 5 megawatts of power have on greenhouse gas emissions and require the miners to disclose information about the emissions.
STORY CONTINUES BELOW
The reintroduction of the bill comes ahead of a hearing on Tuesday on the environmental impact of crypto mining. A list of witnesses scheduled to testify at that hearting wasn't immediately available.
The pollution generated by the crypto mining industry "is growing," Markey said in a statement.
“While we’re working together as a nation to face down an existential crisis that puts the health and safety of our people and our planet in jeopardy, crypto miners are sucking megawatt after megawatt from our public grids and emitting skyrocketing greenhouse gasses, just so they can make a buck for themselves," he said. "We can’t afford to let this industry run roughshod over our communities any longer.”
The bill itself is largely similar to last year's version.
In the press release, Markey noted that several senators asked the Electric Reliability Council of Texas (ERCOT) about the impact crypto miners have on its energy grid.
Jesse Hamilton contributed reporting.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Senate confirms Trump crypto-friendly nominees to take over CFTC, FDIC
In a package of confirmations, the U.S. Senate approved Mike Selig to lead the CFTC and Travis Hill to run the FDIC, both with major potential reach into crypto.
What to know:
- The U.S. Senate moved to confirm a massive package of President Donald Trump's nominees on Thursday, including two officials with important regulator roles over the crypto sector.
- The chamber approved the confirmations of Mike Selig to run the Commodity Futures Trading Commission and Travis Hill to lead the Federal Deposit Insurance Corp.
- Selig will have a leading role as a crypto watchdog, replacing Acting Chairman Caroline Pham, who has been pushing an aggressive crypto policy agenda in the absence of a permanent agency chief.
Top Stories
