Countries friendly to the environment are considering banning Bitcoin mining which could harm the global economy more, according to researchers.

- Good policies can lead to unintended consequences, such as mining moving to higher carbon intensity areas.

- Banning mining in low-emission countries could increase global carbon emissions.

- If Canada bans mining, network emissions could increase by 5.6%, equivalent to 2.5 million tons of CO2 per year.

📰 Manitoba, Canada has extended the temporary pause on new electricity service requests for cryptocurrency activities.

🇷🇺 Russia has signed a law providing a legal framework for cryptocurrency mining, but has not yet fully legalized it.

What do you think about Bitcoin mining bans? Comment below! 💬