A new report claims that the U.S. president Joe Biden’s administration is focused on proof of work (PoW), mining. On July 2, 2022, the White House Office of Science and Technology Policy (OSTP), principal assistant director for energy, discussed the report. Costa Samaras, an official at OSTP, stated that digital currencies will be around for the foreseeable future. He said that it was important that financial systems be “developed responsibly and minimizes total emission.


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Angie Byrd