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Can Bitcoin mining regulations force miners to sell again
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ambcrypto.comMost networks in the crypto-space are technologically moving away from the energy-intensive process of block processing. In fact, proof of work is being discarded as a mining method. However, Bitcoin continues to be threatened because of it.
At the moment, protecting the environment is important and the power consumed by Bitcoin mining is cause for concern to many. So, the question here is – Can this become a bigger threat going forward?
Over the months, miners’ situation has been seemingly improving. To be precise, it took a long time for miners to register an overall growth. However, the delay, in fact, allowed the mining industry to introspect its mining methods. Now, this brings us to the newest problem that the miners are facing –
Read more on ambcrypto.comAbout this in other media
Foundry USA becomes second-largest Bitcoin mining pool amid China ban cointelegraph.com /3 years ago
Canadian Bitcoin mining company now offers a bridge for the information and solutions gap in blockchain cointelegraph.com /3 years ago
Norway could back European Bitcoin mining ban, as minister calls energy use 'difficult to justify' euronews.com /3 years ago
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