$BTC Study Linking EU Carbon Taxes to Russian Bitcoin Mining Shift Carries Only Medium Confidence

The study linking European Union carbon taxes to a migration of Bitcoin mining toward Russia carries only a medium confidence rating, its authors acknowledge, undermining the certainty of claims that EU climate policy is reshaping the global hashrate map.

The study linking European Union carbon taxes to a migration of Bitcoin mining toward Russia carries only a "medium confidence" rating, its authors acknowledge, undermin…

The study linking European Union carbon taxes to a migration of Bitcoin mining toward Russia carries only a medium confidence rating, its authors acknowledge, undermining the certainty of claims that EU climate policy is reshaping the global hashrate map.

Three Vietnamese investigators published the research asserting a positive relation between the EU's emissions allowance pricing and what they term "leakage", the shift of energy-intensive mining to jurisdictions with cheaper power and lighter regulation, notably Russia.

Watch $BTC for the next session - if this move holds, it changes the read.

$BTC #BTC #CryptoNews #CoinBatmi