With all this in mind, what do you think will be the future of PoW and Bitcoin mining?
1. Do you think it will be banned entirely after scaring people with climate change concerns?
2. Will they find ways to make it harder to mine Bitcoin? More regulation, bigger taxes, regular inspections, overly complicated paperwork, and heavy fines for not complying with CO2 emissions are some of the ways they could penalize entities involved with PoW mining.
3. Do you think the world governments could incentivize those still mining with fossil fuels to transition to clean energy?
4. Or will all this calm down one day, Bitcoin and its POW will be left alone, and world leaders will focus on other, more important things?
Please vote in the poll and share your thoughts and ideas below.
1. They might begin doing it more quickly not because of
climate change, it might be because of concerns on energy shortages.
2. Yes and it will be through higher taxes and government makes it harder to apply for permits.
3. In Europe and in America, no hehehe. Why would they waste taxpayer's money? But they might do it in El Salvador. What are the updates on the
bitcoin volcano?4. This might be possible if costs on energy become low again.