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EU Carbon Taxes Push Bitcoin Mining to Russia, Study Claims

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 al...

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EU Carbon Taxes Push Bitcoin Mining to Russia, Study Claims
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 […]

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Bitcoin is showing up inside the Mining theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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