The New York Times: “…Earlier this year, a group of congressional Democrats launched an investigation into energy use at the country’s largest cryptomining companies. They asked seven cryptomining companies for data on their operations, and the group’s findings, issued Friday, are based on the companies’ responses. That data showed that the seven companies alone had set up to tap as much as 1,045 megawatts of power, or enough electricity to power all the residences in a city the size of Houston, the nation’s fourth-largest city with 2.3 million residents. The companies also said that they plan to expand their capacity at an eye-popping rate. One of the largest cryptomining companies in the United States, Marathon Digital Holdings, told the probe that it operated almost 33,000 highly specialized, power-intensive computers, known as “mining rigs,” as of February, up from just over 2,000 at the start of 2021. By early next year, it intends to get that number up to 199,000 rigs, an almost hundredfold increase in two years, it said…”