Since the government banned bitcoin mining in China, according to official statistics, bitcoin mining there has dropped to zero percent. The hashrate moved to other countries, most of all, bitcoin began to be mined in the USA, Russia, Canada, Kazakhstan. That is, in general, the ban on bitcoin mining in China did not affect the popularity and price of bitcoin. As soon as this problem is settled, another and more serious one appears on the horizon. Sweden recently asked the European Union to ban the mining of cryptocurrencies that use the energy-intensive PoW algorithm. Given the gravity of the climate change situation, such a ban is likely to be adopted. After the EU, this initiative is likely to be supported by the United States and other countries. How will such events affect Bitcoin?