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CRYPTOCURRENCY

Cryptocurrency: Should Bitcoin mining be curbed in Europe? Swedish authorities say yes

Cryptocurrency: Should Bitcoin mining be curbed in Europe? Swedish authorities say yes

'It is currently possible to drive a mid-size electric car 1.8 million kilometres using the same energy it takes to mine one single Bitcoin,' regulators argue. Following a crackdown in China, Sweden has seen a sharp rise in crypto production, which is tapping into its renewable energy resources. Swedish authorities have called for...

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Bitcoin Björn Risinger China Erik Thedéen Sweden Swedish Environmental Protection Agency

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