CRYPTOCURRENCY and mining was to ensure the safety and reliability of the network , since mining and transaction verifications could be carried out anywhere on the globe .
“ However , by being placed into the hands of fewer and fewer operators , the room for potential misuse of the technology grows , meaning that regulators may begin to turn their attention to monitoring and , ultimately , regulating mining operations so as to ensure there is sufficient oversight and auditing in place to prevent any market abuse .”
“CRYPTO HAS CERTAINLY DISRUPTED TRADITIONAL FINANCE BUT ITS IMPACT ON THE ENVIRONMENT CANNOT BE IGNORED
KAJ BURCHARDI PLATINION MANAGING DIRECTOR , BCG fintechmagazine . com 101