Post
Topic
Board Bitcoin Discussion
Re: Bitcoin mining ban in Europe
by
Hamza2424
on 21/10/2022, 20:25:04 UTC
https://www.coindesk.com/policy/2022/10/18/eu-countries-must-be-ready-to-block-crypto-mining-commission-says/
EU Countries Must Be Ready to Block Crypto Mining, Commission Says
"The European Union's executive arm also wants blockchains to show energy-efficiency labels and to end crypto tax breaks.
Europe represents 10% of global proof-of-work mining"

Can this affect the price of bitcoin or is this another anti-mining statement?

From a particular angle i think it won't but 10% is not a small number that can effect the Network in my Openion still i think network is way more distributed. In the term of price fluctuation i think it won't be much aggressive as i think maximum of the captulation is done on JULy and then in September so i can feel that it won't effect any much.

Lets watch as i was expecting some good News but here it is one more bad news.. Bht nothing to worry 😉 as News is news haha atleast BTC is still being discussed which can be a +ve point.