Crypto-Follow logo Crypto-Follow logo
Bitcoinist 2022-01-20 00:00:28

European Markets Regulator Urges The EU To Ban Proof-of-Work Bitcoin Mining

Proof-of-work bitcoin mining should be banned, according to the vice chair of the European Securities and Markets Authority. Erik Thedéen suggested that European authorities explore prohibiting proof-of-work mining in favor of proof-of-stake mining. Thedeen Argues That POW Threatens Climate Change Based on the industry’s high energy consumption, Erik Thedéen, deputy chair of the European Securities […]

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer