@onshield07
Recent mining bans in countries like China impact Proof-of-Work (PoW) projects like Bitcoin and Litecoin. Energy-intensive mining faces scrutiny, raising costs and pushing miners to renewable energy or friendlier jurisdictions. Short-term, hash rate drops may increase volatility; long-term, sustainable mining practices could stabilize the industry. MiCA’s environmental disclosures add pressure. Future mining may shift to greener technologies.
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