China owned a big percentage of the total hashrate when they decided to ban bitcoin and its mining. What happened after that? The total hashrate increased and reached a new all time after a while.
The same thing will probably happen if United States ban bitcoin mining.
Topic: US congress set to consider legislation to BAN proof of work - page 2. (Read 271 times)
Banning the subsidising of air travel would do wonders for greenhouse gas emissions. Also price gouging companies that refuse to send things by boat because "air is only double the cost for a quarter of the time".
The majority of flights are taken by a small number of people so it's not exactly an equal split/necessity to subsidise them compared to things like national public transport via bus or train.
The US banning pow will just move it elsewhere anyway, if it even goes through - how will they convince countries that are mostly renewable/nuclear to ban it?
The majority of flights are taken by a small number of people so it's not exactly an equal split/necessity to subsidise them compared to things like national public transport via bus or train.
The US banning pow will just move it elsewhere anyway, if it even goes through - how will they convince countries that are mostly renewable/nuclear to ban it?
The US always making claims on POW been the major cause of Green house gas emission causing the green house effect the leading factor affecting global warming.
I was wondering if the US will also consider banning:
- Transportation
- Commercial and domestic use of Fossil fuels
- Industries
- Electricity production
- Land use and forestry
The US are just too concerned about proof of work because they can't control and regulate its consensus mechanism else it would have been tolerated like every other sector of the economy that utilises energy of different form to carryout their operations
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