Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research...

Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds

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Source: Coindesk.com

Bitcoin mining is often criticized by environmentalists for its intensive energy usage. A new research paper shows that bitcoin mining bans can actually backfire because they push miners to seek new jurisdictions that rely on fossil fuels to power their grid. Bans in America and Europe would typically make things worse, while a ban in

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The post "Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds" appeared first here Coindesk.com.

Source: Coindesk.com

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