Skip to content

Bitcoin

EU Carbon Taxes Push Bitcoin Mining to Russia, Study Claims

Josh1 min read

bitcoin mining facility worker.The study, published by three Vietnamese investigators, found a positive relation between the EU’s carbon emissions pricing and a so-called “leakage” to cheaper jurisdictions, such as Russia. This means that as carbon allowance pricing grows, some of this mining activity shifts to Russia to maximize profits. Study Suggests High EU Carbon Pricing Causes Mining Migration […]

Source: https://news.bitcoin.com/mining/eu-carbon-taxes-push-bitcoin-mining-to-russia-study-claims/

Market Analyst

Josh

This author has not added a bio yet.

View all analysis