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France Slams the Door on Bitcoin Mining: A Setback for Crypto’s Green Ambitions?
France Slams the Door on Bitcoin Mining: A Setback for Crypto’s Green Ambitions?
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Paris draws a line in the sand—rejecting a high-profile Bitcoin mining proposal that promised jobs but raised energy concerns.
The Energy Dilemma
French regulators cited 'disproportionate power demands' as the dealbreaker, dealing a blow to miners betting on nuclear-powered facilities.
Crypto's PR Problem
The decision fuels the ongoing debate: Can proof-of-work coins ever shake their environmental reputation? Meanwhile, Ethereum devs are probably smirking somewhere.
Finance Jab
Traditional bankers—who still fund oil rigs—somehow found time to clutch pearls over Bitcoin's carbon footprint. How convenient.
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