Mining on the territory of the EU is not prohibited

Home » MINING » Mining on the territory of the EU is not prohibited
2018-03-12
Mining on the territory of the EU is not prohibited

European Commissioner for Digital Economy and Society Maria Gabriel said that mining on the territory of the EU is not prohibited and should comply only with the standard rules of energy consumption.

“If the energy consumed by this industry is produced in accordance with legal norms, there are no legal grounds for prohibiting such activity. Mining is not illegal activity and the European Commission does not track it, “she stressed.
At the same time, the mining industry complies with EU regulations on “energy efficiency, energy sector and greenhouse gas emissions,” she added.

Gabrielle noted that the European Commission will continue to assess the impact of crypto currency mining on the volume of energy consumption, but mentioned that the industry is still concentrated in China, despite the pressure of the authorities.

“We do not exclude that some part of the mining falls on the EU,” she said.

CRYPTOCURRENCIES
  • bitcoinBitcoin$5,258.11
  • ethereumEthereum$179.55
  • rippleXRP$0.355596
  • tetherTether$1.00
  • eosEOS$5.87
  • stellarStellar$0.126178
  • litecoinLitecoin$87.89
  • cardanoCardano$0.090352
  • tronTRON$0.030371
  • moneroMonero$71.57
  • iotaIOTA$0.350234
  • nemNEM$0.072753
  • dashDash$130.08
  • neoNEO$12.49
What is Cryptocurrency? How to Use, the Future of Crypto, the History of Bitcoin
Cryptocurrency market is actively developing and expanding. This relatively new industry is causing a lot of questions and attracting a huge number of investors, businessmen and ordinary people. “What is the future of cryptocurrency?”, “How to choose cryptocurrency exchange?”, “How to sell Bitcoins?” “What about cryptocurrency mining”? Millions of people read cryptocurrency news everyday and […]
2019-04-08 0 47
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 46
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 44
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 42
© 2017–2018