China Considers Ban on Cryptocurrency Mining Because It’s a Stupid Waste of Energy
Regulators in China are considering a ban on cryptocurrency mining as an “ undesirable ” economic activity , grant to a government papers releasedMonday . China ’s National Development and Reform Commission ( NDRC ) published anew paperthat includes a marriage offer to ban the mining of cryptocurrencies like Bitcoin over concerns that crypto mining is a waste of valuable resource — a fact that ’s hard to take issue with when you examine the horrific environmental impingement ....