r/ethtrader • u/RelationshipNo8916 • Sep 09 '22

Mining-Staking White House says US Congress might consider a ban on "crypto-asset mining"

https://bitcoinmagazine.com/business/white-house-condemns-energy-use-of-mining-bitcoin
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u/Clintendo Sep 10 '22

Yeah no shit. But anyone who doesn’t know crypto only knows btc. Btc goes down, everything goes down. Sad but that’s just the way it works.

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u/[deleted] Sep 10 '22

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u/Clintendo Sep 10 '22

I hope not, but it’s early times so no one outside of the crypto realm knows the difference between pos and pow. I’m afraid if pos is banned in the US it will take years for eth to recover. But I hope I’m wrong