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.”


Master Asked on April 22, 2022 in Cryptocurrency.
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