The New York Times has come under fire from the crypto industry for a recent article on Bitcoin mining that contained misinformation. Pierre Rochard, VP of mining company Riot Platforms, criticized the publication's research methodology, stating that it included "lots of fictitious fractional-reserve carbon accounting" and "cooking the books to fabricate emissions." Rochard called for the publication to open source the methodology and simulation to verify the data. The report comes as the US is growing its presence in the mining industry, with Texas becoming a hotbed for the industry. This isn't the first time The New York Times has drawn criticism from the crypto community, with a previous article on former FTX CEO Sam Bankman-Fried also receiving backlash. The crypto community has been critical of media outlets' coverage of the industry, with recent rumors about a red notice for Binance CEO Changpeng Zhao stoking fear and uncertainty.

(By Rahul Nambiampurath)