Time to Ban Proof-of-Work Mining in EU, Move to Proof-of-Stake, Says Securities Regulator

By CryptoNews - 2 years ago - Reading Time: 1 minutes

Time to Ban Proof-of-Work Mining in EU, Move to Proof-of-Stake, Says Securities Regulator

 
A leading EU financial regulator wants the union to “ban” proof-of-work (PoW) crypto mining and force tokens into proof-of-stake (PoS) paradigms, while the EU itself and the traditional finance sector are reportedly less environment-friendly than Bitcoin (BTC) when it comes to electricity consumption....
Read More: Time to Ban Proof-of-Work Mining in EU, Move to Proof-of-Stake, Says Securities Regulator

Original source: CryptoNews