Quantum Economics
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Quantum Economics

No, the EU Will Not Ban Bitcoin Mining

Why this is futile, irrelevant and simply won’t happen

A phone, with units of bitcoin stacked on top of it, which is over a map of Europe.
Image: Licensed Adobe stock by tanaonte

This research was sponsored by Luno, a platform that allows users to buy, save and manage cryptocurrencies.

Earlier this year, a proposal was put forward to the European Parliament to ban all “proof-of-work” (POW) mining in the European Union (EU).

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Jason Deane

Jason Deane

I blog on things I am passionate about: Bitcoin, writing, money, life’s crazy turns and being a dad. Lover of learning, family and cheese. (jasondeane@msn.com)