[cinntaile]

This seems unlikely. Big mining operations are already structured as corporations and taxed on their profits. Electricity is already heavily taxed in many countries in the EU. As long as it doesn't pose a threat to the electricity net there is no reason to single out bitcoin for energy use, it's not like the energy is different.

[bjeds]

Do you live in Europe?

If you don't then what you say make some sense, but the European Union think differently.

The EU ban things all the time.

For example: inefficient vacuum cleaners banned: https://www.bbc.com/news/business-41119355

Light bulbs banned (this didn't originate from the EU, but the EU were early)

High watt hair dryvers banned https://www.telegraph.co.uk/news/worldnews/europe/eu/1106153...

Single use plastic banned https://time.com/5560105/european-union-plastic-ban/

[bingbong70]

Banning cutting edge fintech from Europe is basically choosing to go back into the dark ages... This talent/capital will relocate quite easily.

Bonus, Bitcoin makes capital flight and regulatory arbitrage much easier. Hostile governments will pay a large penalty.

[cinntaile]

Yes I live in the EU. The difference is that there is a more efficient alternative available, this is not the case here.