Re: Will countries ban Bitcoin mining due to environmental concerns?

Quote from: Abiky on June 08, 2022, 11:25:09 AM

Do you think countries worldwide will ban Bitcoin mining due to environmental concerns? If not, why? If mining is banned, do you think Bitcoin will switch to PoS? Will it still survive being a PoW cryptocurrency? Your input will be greatly appreciated. Thanks.

for 13 years of Bitcoin existence ? Bitcoin mining is banned only in selected countries and specifically few so meaning the question exaggerates the situation , and like what Loyce says above , it depend in taxations , how will a miner operates in place where the tax will take all the possible profits?
meaning there is no need to Ban crypto mining .
but also worldwide? Am not sure it will happen because look around , there are come countries now that adopted Bitcoin so surely they are not part of this worldwide banning if ever will going to happen right?