Mar 14
6 min read
Bitcoin Mining Ban in Europe
Is that a good idea?
Today 14/03/22, the European Union Council on Markets in Crypto Assets (MiCA) is about to vote on whether to ban Bitcoin mining due to environmental concerns.
Bitcoin mining consumes a fair amount of electricity through the Proof of Work mechanism and some bureaucrats reckon it would be greener to use other approaches like Proof of Stake or just get rid of crypto…
