Quote from: avikz on Today at 07:10:30 PM

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?

There will be definitely impact on the bitcoin price if it happens in reality. However, that will be temporary for sure! who have already invested millions of euros to setup their mining operations, they will simply move out of Europe and set up in a crypto friendly nation. It's very similar to what happened in China.

So I think a temporary impact will be seen in the market if the EU decides to go ahead with the ban but we should be able to come back on track within a short period of time.

I would rather say that the reason for this energy-efficiency "concern" is the current energy crisis caused by the war in Ukraine. shortages of gas and oil certainly raise the need for electrical energy.
ideas about saving energy are being encouraged more and more, decorative lighting is being turned off, and sometimes even street lighting. of course, bitcoin mining, which is always labelled as a big energy consumer can't be ignored when is a discussion about energy saving.