Bitcoin – Proof-of-Work Attack Continues via Politicians
It’s quite telling that all of these politicians are just so concerned with mining – they must be getting their marching orders from the same place. Two examples, these stories are across all Bitcoin/crypto outlets this morning
US lawmakers sound alarm to EPA over environment concerns of crypto mining
EU And Sweden Discussed Banning Bitcoin Proof Of Work: FOI Documents
“Sweden’s government is urging the European Union to prohibit energy-intensive cryptocurrency mining techniques such as those employed by Bitcoin.
Indeed, according to documents obtained through a freedom of information request, EU officials discussed the planned ban on Bitcoin trading with their Swedish counterparts during a recent debate on the legislation to abolish Proof of Work mining.
According to officials, such practices cannot be accepted at a time when all states must urgently reduce their energy usage in order to battle climate change.”