to recent stats. The effort to keep crypto mining chugging along is making for some very strange geopolitical bedfellows.
its cryptocurrency mining effort in the medium to long term. Taken together, these developments severely limit mined cryptocurrency’s future prospects.It certainly does not help the case for Bitcoin miners that a majority of the world’s states and virtually all-powerful industrial nations haveinto the Paris Climate Agreement. This comes with a firm commitment to limit carbon emissions and to keep the planet from further overheating. Mining Bitcoin is antithetical to this promise.
A cryptocurrency that’s been pushed to the political and geographical fringe can hardly claim to be truly decentralized and democratic. Even if we put the climate problem aside, how are we to take cryptocurrency mined in tyranny as a token and tool of economic liberation? From the point of view of finance, climate and appearances, the sun is setting on Bitcoin and other mined cryptocurrencies. It’s only a matter of time.
However, without legal on- and off-ramps for free exchange and mass adoption, the respective cryptocurrencies will recede to the shadows and sidelines with their valuations permanently devastated. Eventually, the market for mined projects and law enforcement will make mining obsolete.
One of the foundations of BTC is resilience. It has been tested countless times and has always worked, but when the subject is politicized, everything loses meaning.
It’s not what you say out of your mouth that determines your life, it’s what you whisper to yourself that has the most power!”
Proof of Stake shall remain.
$NANO and $XST fix this.
How is this for a carbon footprint. No matter what happens we'll continue mining and to secure the network. Like oil industry crypto mining bring jobs so one will ban another will accept.
More reasons for all investors to start saving and going back to the mining field ?🧐
MartiniGuyYT FLOKIVERSE can make you use the three individual, tokens collective, each token haves it's own specific purpose ecosystem. You can also trade for items& XFLOKI stake&hold, planets purchase, planet upgrade XFLOKIVERSE XFLOKI BSCGem BSC NFTs cryptocurrency
Another exchange for TheMetaZilla is something we are looking at within the next few weeks, which one do you think will it be _________________? 📈🚀🚀 BSCGem BSC MZ Metazilla BNB NFT P2E
That's why btc should move to greener POW like KDA or BSV , nature is not sometin worth enough to fight
If legislation tries and bog down crypto mining, miners will move to more crypto friendly places and in the years to come, those countries will thrive and become super powers.
Need to use energywebx EWT SustainableCrypto
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