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cryptonews
2022-01-19 08:45:00

Time to Ban Proof-of-Work Mining in EU, Move to Proof-of-Stake, Says Securities Regulator

Time to Ban Proof-of-Work Mining in EU, Move to Proof-of-Stake, Says Securities Regulator

A leading EU financial regulator wants the union to “ban” proof-of-work (PoW) crypto mining and force tokens into proof-of-stake (PoS) paradigms, while the EU itself and the traditional finance sector are reportedly less environment-friendly than Bitcoin (BTC) when it comes to electricity consumption....Read More: Time to Ban Proof-of-Work Mining in EU, Move to Proof-of-Stake, Says Securities Regulator

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