China wants to destroy ‘wasteful’ Bitcoin mining

China wants to destroy ‘wasteful’ Bitcoin mining
фото показано с : thenextweb.com

2019-4-9 11:17

China, one of the world’s most prominent blockchain and cryptocurrency forces, wants to put an end to “wasteful” Bitcoin mining. The National Development and Reform Commission (NDRC) has added cryptocurrency mining to its latest list of industries it wants to restrict, or eliminate, Reuters reports.

The list outlines activities the NDRC believes should be phased out as they lead to legal complications, pose safety risks, or wastefully pollute the environment. Bitcoin has often been criticized for its high energy use, it was previously reported that the mining network uses more electricity than 20 countries in Europe. That said, Bitcoin mining…

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bitcoin mining wants ndrc list china cryptocurrency

Источник: thenextweb.com

bitcoin mining → Результатов: 126


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A recent article published by the BBC has sparked a heated debate among cryptocurrency enthusiasts and critics regarding the environmental impact of Bitcoin (BTC) mining.   The piece, titled “Every Bitcoin payment ‘uses a swimming pool of water,’” raised concerns about the water consumption associated with the mining process.

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