Senator Warren has lambasted foreign-owned crypto miners in the country, saying they’re loud, hot, and “suck up a ton of electricity, which can crash the power grid.”
Anti-crypto United States Senator Elizabeth Warren has been on the crypto warpath again, this time warning a senate committee about the dangers of foreign-owned crypto mining operations on American soil.
At a hearing of the Senate Committee on Banking, Housing, and Urban Affairs on July 25, Democrat Senator Elizabeth Warren aired her views on foreign-owned crypto miners, which she claims is a national security threat.
Foreign companies building crypto mining facilities on US soil are a “disaster for the environment,” which can also pose national security risks, stated Warren, adding:
