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[Balint098]

As reported by Coindesk, The state's financial regulator issued a letter addresses to all regulated entities that operating in the state jurisdiction to pay close attention to the environmental effect their each of their business conduct is generating. In the letter, the finance authority stated that one degree increase in temperature could shave off roughly 1.2% worth of the country's gross domestic product (GDP). The letter suggested that all crypto miners to increase their transparency policy so that damages done to the environment can be more accurately assessed.

 

[Niftyicon]

I wonder if there are ways to minimize the effect of all these mining activities and other business ventures on the global environment. The policy may be very important in helping with this.

 

[highspeed]

Honestly speaking, thirty years have passed since I hear about the negative effect that human behavior has on the environment. But it seems that, in this long period of time, nothing has actually been done about this serious problem!
Now, in fact, climate change is more than evident for everyone!

 

[SCAMEXPOSER]

I am sure the authorities might be suspecting the miners are carrying some mining actives that are illegal and could lead to environmental degradation. It is better they watch their miners closely

 

[OnlyUreka]

Yeah, it's a good development to the Cryptocurrencies world, there have been recent stealing of bitcoins and other Cryptocurrencies by hackers.
crypto miners should increase their transparency policy so that damages done to the environment can be more accurately assessed.

 

[Josemendez]

As reported by Coindesk, The state's financial regulator issued a letter addresses to all regulated entities that operating in the state jurisdiction to pay close attention to the environmental effect their each of their business conduct is generating. In the letter, the finance authority stated that one degree increase in temperature could shave off roughly 1.2% worth of the country's gross domestic product (GDP). The letter suggested that all crypto miners to increase their transparency policy so that damages done to the environment can be more accurately assessed.

This is something worth checking as the negative impact of industrial activities and that of Mining in the environment will affect the country later if not controlled

 

[highspeed]

Also because miners need machines with high energy absorption. Consequently, this energy must somehow be produced, with obvious negative effects on the environment.

 

[Josemendez]

Also because miners need machines with high energy absorption. Consequently, this energy must somehow be produced, with obvious negative effects on the environment.

This is while solar energy won't really be a bad source of energy . Also Mining industries should situated far from people's home in order to reduce the effect on lives and property

 

[highspeed]

This is while solar energy won't really be a bad source of energy . Also Mining industries should situated far from people's home in order to reduce the effect on lives and property

Well, a few days ago I saw a television report concerning the low use of solar and wind energy.
The problem. In the case of solar energy, too large areas are needed (therefore to be subtracted anyway to the environment) for photovoltaic fields. In the second, the wind turbines often remain stationary, due to the lack of wind.

 

[Ginatime]

I am sure the authorities might be suspecting the miners are carrying some mining actives that are illegal and could lead to environmental degradation. It is better they watch their miners closely

Not only watch them but check the equipment they are using to mine because some might be hazardous to the health and properties of the people like josemendez said.

 

[bitforex22]

And especially in warm countries , this may damage the crops for increase in temperature plays a key role in such activities , so the farmers can be affected , health issues can arise , we can see see people going to die , if it becomes a big issue , I think this must be addressed with great care to protect the environment for humanity and its generations to come

 

[highspeed]

The protection of the environment is very important. The money instead, only at a later time.
I hope about this essential, we all agree here.

 

[SCAMEXPOSER]

Since they have stated any slight rise in the temperature will be hazardous and they have sent them a warning ,they might seize from any illegal activities

 

[CrazySher]

As reported by Coindesk, The state's financial regulator issued a letter addresses to all regulated entities that operating in the state jurisdiction to pay close attention to the environmental effect their each of their business conduct is generating. In the letter, the finance authority stated that one degree increase in temperature could shave off roughly 1.2% worth of the country's gross domestic product (GDP). The letter suggested that all crypto miners to increase their transparency policy so that damages done to the environment can be more accurately assessed.

Hey can you explain how crypto mine works, and how miners mine crypto. And how much they invest and how much profit they earn.

 

[Josemendez]

My opinion is want to arrest every cheaters

Unfortunately there is no such agency that will arrest these persons , this is why they comfortably steal from people without any fear of prosecution.

 

[highspeed]

Hey can you explain how crypto mine works, and how miners mine crypto. And how much they invest and how much profit they earn.

Indeed. I've always learned that nobody gives anything for nothing!

 

[Wisdom01]

And especially in warm countries , this may damage the crops for increase in temperature plays a key role in such activities , so the farmers can be affected , health issues can arise , we can see see people going to die , if it becomes a big issue , I think this must be addressed with great care to protect the environment for humanity and its generations to come

If all these factors could happen then it should be taken into consideration because the rate at which health issues are been counted will increase further , but there could be anothef alternati

 

[Brain]

I am sure the authorities might be suspecting the miners are carrying some mining actives that are illegal and could lead to environmental degradation. It is better they watch their miners closely

Definitely, they might have been hinted or they have a little knowledge of what is going on that is why they are trying to put the ban in place. I think the miners needs to think of an energy source to use that wouldn't affect the environment. The environment needs to be kept safe for everyone.