Post-regulatory crackdowns, power grid outages, here’s where Bitcoin mining is heading

By AMB Crypto - 2 years ago - Reading Time: 1 minutes

Post-regulatory crackdowns, power grid outages, here’s where Bitcoin mining is heading

Erik Thedéen, the Vice-chair of the European Securities and Markets Authority, recently recommended a ban on proof-of-work mining in the EU. Citing its impact on Sweden, he stated, “It would be an irony if the wind power generated on Sweden’s long coastline would be devoted to Bitcoin mining.” Regulators analyze mining impact Previously, Norwegian authorities […]

Original source: AMB Crypto