Post
Topic
Board Bitcoin Discussion
Re: Bitcoin mining ban in Europe
by
okorieemmanuel
on 03/12/2022, 17:41:54 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?

This is clearly not fair for bitcoin miners and it is definitely another anti mining statement. To purchase a complete mining rig and mine bitcoin there is stressful and may not be profitable when considering the ever increasing bitcoin difficulty and energy rate. There have to be a form of balance. This is just not it. Let's Say no to anti mining policy!