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.
Only discourse and still in the stage of making rules, they only try to make the energy produced by crypto miners more efficient. But actually the energy efficiency needs by miners are not too large. I have read some news about the needs of electrical energy for miners, even the need for electrical energy is much lower compared to the needs of large companies that are widened in several regions of the European Union.
More precisely this is just an idea to find a special formula for the problems faced, so this principle in my opinion is not too efficient.
Europe represents 10% of global proof-of-work mining
True, but does not have a strong reference that Europe represents 10% appropriately.
Can this affect the price of bitcoin or is this another anti-mining statement?
Not fully bitcoin influenced by things like this, China has made a strong ban on Bitcoin and Crypto mining in general, but Bitcoin is not influenced by the country, the decline in Bitcoin prices is caused by several more dominant things, rather than measured by Prohibitions caused by certain countries, because Bitcoin is not bound by state rules and is influenced by just a few people.
The price reduction process for Bitcoin has no connection with this kind of prohibition case, because several other countries also impose previous restrictions, but Bitcoin is still fine today.