MultiversX Tracker is Live!

Sweden's financial supervision says "Crypto-assets are a threat to the climate transition – energy-intensive mining should be banned"

Bitcoin Reddit

More / Bitcoin Reddit 202 Views

https://www.fi.se/en/published/presentations/2021/crypto-assets-are-a-threat-to-the-climate-transition--energy-intensive-mining-should-be-banned/

"A ban on the proof of work mining method within the EU could be an important first step in a global move towards a greater use of more energy-efficient crypto mining methods. It would also mean that our renewable energy is used as efficiently as possible in order to support the transition towards climate neutrality."

how about governments and their financial and/or environmental supervision agencies also consider other options, just in case banning pow mining doesn't really help prevent our planet from going to shit. For example, regulating/taxing energy consumption such that miners only want to consume excess energy and maybe even help fund a transition towards renewable/green energy production...

submitted by /u/Solid-Context-7623
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments