EU Carbon Taxes Push Bitcoin Mining to Russia, Study Claims

AI Summary The study, published by three Vietnamese investigators, found a positive relation between the EU’s carbon emissions pricing and a so-called “leakage” to cheaper jurisdictions, such as Russia. This means that as carbon allowance pricing grows, some of this mining activity shifts to Russia to maximize profits. Study Suggests High EU Carbon Pricing Causes Mining Migration […] fulltext: 399 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/mining/eu-carbon-taxes-push-bitcoin-mining-to-russia-study-claims/ Source: Bitcoin.com News