Nice, what other software I'm not allowed to run on my machine? Can I play high end games? Make scientific computations? Experiment with machine learning?
What I want to say is that regulating what kind of computations I can run on my machine is pretty bad.
It would make more sense to regulate maximum power consumption of computers like it is done with lightbulbs
It's not, he's making a valid point.
To put it in a maybe a more arguable way:
where do you draw the line at a government deciding what you can and can't run on your computer?
I would argue that this proposal does bring it a step further though. Child porn involves a child being abused before it gets to your machine. To crack a piece of software you need to take software written by someone else and modify it to avoid paying the author. It is based o a legal framework of intellectual property, which I don't agree with, but at least it looks like a valid framework of property rights in general. This proposal also covers software that you write yourself. It is also totally arbitrary, because it doesn't even try to pretend that you are violating someone else's rights.
But still, crypto mining is such a niche use-case, preventing me from running a file sharing server I wrote myself since people use it to distribute IP seems much more intrusive to me.
There is another point about abundant regulations helping Europe capture yet another brilliant opportunity to complain about foreign companies monopolizing everything, but in case of crypto mining we might be in a low risk area