European Markets Regulator Urges The EU To Ban Proof-of-Work Bitcoin Mining

European Markets Regulator Urges The EU To Ban Proof-of-Work Bitcoin Mining

Proof-of-work bitcoin mining should be banned, according to the vice chair of the European Securities and Markets Authority. Erik Thedéen suggested that European authorities explore prohibiting proof-of-work mining in favor of proof-of-stake mining. Thedeen Argues That POW Threatens Climate Change Based on the industry’s high energy consumption, Erik Thedéen, deputy…
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Source: Bitcoinist
Posted: 43 minutes ago