Quote from: okorieemmanuel on December 03, 2022, 05:41:54 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?

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!

This is a bad news for me and I don't really know why this had to come up. The government needs to take a look on this because this might affects the price of Bitcoin if not now it could be later. The government need to consider this so that it will not have serious effect on the miners which will affect the difficulties of mining Bitcoin.