EU Regulator Wants to Ban Proof of Work Crypto Mining to Avoid Climate Disaster

One of the European Union’s top regulators has a new proposal for reducing cryptocurrency’s carbon footprint: ban proof of work mining. The proposed prohibition, suggested by European Securities and Markets Authority Vice Chair Erik Thedéen during a Financial Times interview, would apply to EU nations and would come…

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source https://gizmodo.com/european-union-regulator-proof-of-work-bitcoin-ethereum-1848384679