Sweden Wants Crypto Mining Banned Across Europe To Meet Climate Change Goals

Sweden Wants Crypto Mining Banned Across Europe To Meet Climate Change Goals

Cryptocurrency mining has caused a surge in energy consumption across Europe. Faced with this peculiar challenge, Swedish authorities are asking the European Union to ban crypto mining to meet the bloc’s climate goals.Swedish authorities referred to crypto mining as “energy intensive,” saying that the rising use in energy to mine cryptocurrency is getting in the … Read more