Thursday, 21 August 2025
Trending

Crypto Mining News

Bitcoin mining — What are the true climate change risks?

Bitcoin mining — What are the true climate change risks?

The European Central Bank (ECB) published a report on July 14 that covered many points related to Bitcoin and Ethereum mining, including energy consumption and Proof-of-Stake (PoS) as an alternative mechanism.The report, titled “Mining the environment – is climate risk priced into crypto-assets?,” determined that Proof-of-Work (PoW) mining cannot co-exist with “the green transition” and even hinted at an EU-wide ban by 2025.

To read the rest of this article, sign in or join CryptoSlate Edge.