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

Quote from: bitterguy28 on Today at 02:53:50 AM

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?

For sure those countries who do have banned mining or does have strict rules or policies would surely be reverted or something be ignored on the time that these miners would be paying up taxes.

Despite on banning it then they would surely allow it since they do know that they can really benefit out of it which is something a very common government behavior.
Since these things arent something that couldnt be pointed out easily then these actions or false calls or environmental issues would really come out which is something very
not surprising.