Thursday, March 30, 2023
HomeCrypto MiningBitcoin mining — What are the true local weather change dangers?

Bitcoin mining — What are the true local weather change dangers?

The European Central Financial institution (ECB) revealed a report on July 14 that lined many factors associated to Bitcoin and Ethereum mining, together with power consumption and Proof-of-Stake (PoS) in its place mechanism.

The report, titled “Mining the atmosphere – is local weather threat priced into crypto-assets?,” decided that Proof-of-Work (PoW) mining can’t co-exist with “the inexperienced transition” and even hinted at an EU-wide ban by 2025.

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