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3232Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry
https://www.digit.info/swedish-regulators-call-for-eu-ban-on-crypto-mining-power-company-defends-industry/
Wed, 10 Nov 2021 05:30:47 +0000https://www.digit.info/2021/11/10/swedish-regulators-call-for-eu-ban-on-crypto-mining-power-company-defends-industry/Read more]]>Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin while supporting the transition towards climate neutrality in Sweden and Europe. A state-run power company […]
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin while supporting the transition towards climate neutrality in Sweden and Europe. A state-run power company […]