The European Central Bank (ECB) released a report on July 14 covering many points related to Bitcoin and Ethereum mining, including energy consumption and Proof of Stake (PoS) as an alternative mechanism.
A report titled “Environmental Mining-Climate Risks Are Priced on Cryptocurrency?” Suggests a ban on the entire EU, deciding that proof of work (PoW) mining cannot co-exist with a “green transition.” Even by 2025.
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