Play it like China – From the very first discussions on future regulations Not on cryptocurrencies in early 2022, we know some European leaders would dream of banning mining-based cryptocurrencieshow Bitcoin (BTC). The bass shortage of electricity which we will most likely experience this winter therefore constitute a ideal pretext to make this “dream” come true. The European Commission in effect, it requires EU countries to intend to do soban cryptocurrency mining.
Have bitcoin miners been forced and forced to shut down their machines?
Following sanctions anti-Russians taken from theEuropean Union due to the conflict in Ukraine, as well as sabotage of the two Nord Stream gas pipelines, Europe will certainly be serious energy shortages during this winter.
The European Commission has just, on October 18, 2022, published a document on energy policy led by member states. In the questions and answers related to this action plan, we discover in point 3 that the cryptocurrencies are a target frankly named, among many electrical restrictions Arriving.
“Given the current energy crisis and the growing risks for the coming winter, the Commission urges Member States to implement targeted and ambitious measures to reduce the electricity consumption of cryptocurrency players. (…) If load shedding into electrical systems is needed, Member States must also be prepared to stop (sic) cryptocurrency mining. (…) “
How the technocrats of Brussels intend to act prohibit free enterprise mining of bitcoin and other cryptocurrencies in Proof of Work? If they think banning is a solution, remember it, despite the cryptocurrency mining ban in China mid 2021 – Xi Jinping’s country was still, a year later, the 2nd largest world bitcoin producer.
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