Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining

) mining in its current form. Ironically, Juels is one of two authors of a 1999 paper that defined and introduced the term “proof-of-work.”

Another entry on the witness list is Brian Brooks, former U.S. Comptroller of the Currency and Binance.US CEO, a major player in the crypto mining industry, as CEO. Also notable is the presence of John Belizaire, CEO of Soluna Computing, a firm that is focused on developing green data centers for batchable computing. In a Jan. 6 blog post, BelizaireBitcoin’s energy consumption as a “feature, not a bug,” arguing that it provides a viable mechanism for absorbing excess renewable energy.

Utility providers will be represented by Steve Wright, a recently retired former general manager of the Chelan County, Washington state, public utility district. During his tenure, Wright took steps toGregory Zerzan, Jordan Ramis shareholder and former acting assistant secretary of the U.S. Treasury, oncethat concerns around Bitcoin mining could be addressed by “transitioning away from fossil fuels.

The memo itself offers a rather balanced overview of energy-related concerns associated with PoW mining, although it also reiterates certain statements that have been questioned by recent research.

The House E&C Committee published a 9-page memo for this week's hearing on crypto's energy use. It's not all bad, but commits basic errors, like repeating the fallacy of"per transaction" carbon emissions.

They should have invited nic__carter.

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