EU Parliament backs off plans to phase out energy-hungry cryptocurrencies - The Verge

EU Parliament abandoned a measure in its proposed legislative framework for regulating cryptocurrencies that would have amounted to a de facto ban on energy-hungry networks like Bitcoin.

But Bitcoin is still under scrutiny Power cords for bitcoin mining machines are plugged into electrical outlets at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, … [+5797 chars]

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