Re: Bitcoin mining ban in Europe

Quote from: zasad@ on October 21, 2022, 07:09:33 PM

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?

Sounds like something that will be very difficult to enforce.

People are growing weed in warehouses all across Europe and consuming similar amounts of electricity. I can't see it doing anything.

The EU is overstretching itself again.