Swedish central banker shoots at Bitcoin mining and quotes rampant energy use
Another day, another environmental attack on Proof of Work (PoW) mining.Report share Sveriges Riks Insisted Its energy intensive (BTC) And cryptocurrency mining should be prohibited.
The Swedish central bank, known as Riksbank, is the oldest central bank in the world. In a disgusting report entitled “Cryptocurrencies and Their Impact on Financial Stability,” banks cracked PoW cryptocurrency mining. PoW mining employs an energy-intensive data center that solves puzzles and protects the blockchain.