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Crypto miners migrating augments major environmental concern

Crypto firms based in China have been forced to relocate to other countries due to a crackdown on the crypto industry by Chinese authorities reacting to concerns about excessive energy consumption and financial risk.

The Scotsman published an article recently highlighting the rising issue of migrating crypto miners’ adverse effect on the environment, for which Prof. Aggelos Kiayias shared his views.  If you are interested in reading the article, please follow the link below.

The Scotsman: “How the great migration of cryptocurrency mining is playing a rising role in the global energy crisis”

 

Crypto miners migrating augments major environmental concern / Blockchain Technology Lab Blog by blogadmin is licensed under a Creative Commons Attribution CC BY 3.0

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2 Comments

  1. Blockchain Development

    10th March 2022

    Really Informative! We loved everything you have shared about Crypto miners migrating augments major environmental concerns. Thank you for sharing this with us.

    Reply

  2. Kimmy Kervel

    25th May 2022

    This is mind blowing, thanks for sharing this valuable content

    Reply

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