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Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.

Bitcoin mines are spread over the world, which means some of them are powered by renewables, and others by fossil fuels (Christine Roy/Unplash).
Bitcoin mines are spread over the world, which means some of them are powered by renewables, and others by fossil fuels (Christine Roy/Unplash).