Proof-of-work Financial News
09.07 / 00:55
Ethereum
ETF
proof-of-work
Bitcoin
events
end
5 events that could put an end to the current crypto bear market
Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed.
06.07 / 19:35
Ethereum
VanEck
proof-of-work
Bitcoin
Mining Difficulty
Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
06.07 / 11:31
Ethereum
Mining
proof-of-work
Bitmain
Bitmain to Launch its AntMiner E9 Despite the Ethereum Merge Edging Closer
Bitcoin (BTC) and crypto-mining monolith Bitmain will start selling its latest Ethereum (ETH) mining rig AntMiner E9 on Wednesday, even as Ethereum developers gear up for the blockchain’s shift to proof-of-stake (PoS).
04.07 / 13:55
Blockchain
proof-of-work
Lightning Network
Bitcoin
The Words We Use In Bitcoin: Words, Language, Terminology, and Linguistic Attacks
Gigi is a Bitcoin educator, author of '21 Lessons', and software engineer.
01.07 / 08:23
Blockchain
Ethereum
Developers
proof-of-work
Testnet
Ethereum fork a success as Sepolia testnet gears up to trial the Merge
The difficulty bomb-delaying Gray Glacier hard fork went live on Ethereum on Thursday without a hitch according to the network’s core devs including Ethereum Foundation’s Tim Beiko.
28.06 / 20:45
Blockchain
Telegram
proof-of-work
TON
TON Blockchain
‘Unique phenomenon’: All 5B toncoins mined on PoS TON blockchain
The TON Foundation, an organization developing the Telegram-initiated blockchain project, the TON blockchain, on Tuesday officially announced that TON miners have mined the final toncoin.
21.06 / 04:53
Ethereum
Developers
proof-of-work
Test
Testnet
Ethereum testnet Beacon Chain launched and ready for trial merge
The Sepolia testnet Beacon Chain has gone live, setting the stage for its merge dress rehearsal to give Ethereum network developers valuable technical insights.
17.06 / 20:49
markets
Ethereum
defi
proof-of-work
Drop
Ethereum price risks a drop below $1K if these key price metrics turn bearish
Ether (ETH) price is down 37.5% in the last 7 days and recent news reported that developers decided to postpone the network's migration to a proof-of-stake (PoS) consensus. This upgrade is expected to end the dependency on proof-of-work (PoW) mining and the Merge scalability solution that has been pursued for the past 6 years.
17.06 / 20:39
proof-of-work
Congress
Bitcoin
lawmakers
US lawmakers
US lawmakers urge EPA to consider the potential benefits of crypto mining
A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits of crypto mining.
16.06 / 16:53
Blockchain
Report
proof-of-work
Bitcoin
Banking uses 56 times more energy than Bitcoin: Valuechain report
Fresh figures on Bitcoin’s (BTC) energy consumption, efficiency and scalability serve to expose the banking sector while bathing the world's largest cryptocurrency in a new light.
13.06 / 08:41
Ethereum
proof-of-work
Consensus
Proof-of-stake
network
Ethereum difficulty bomb delayed but network adoption still growing
Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade for the layer-1 blockchain.
11.06 / 17:15
business
Adoption
proof-of-work
Bitcoin
Bitcoin and banking’s differing energy narratives are a matter of perspective
The Carbon Bankroll Report was released on May 17 as a collaboration among the Climate Safe Lending Network, The Outdoor Policy Outfit and Bank FWD. The collaboration made it possible to calculate the emissions generated due to a company’s cash and investments, such as cash, cash equivalents and marketable securities.
10.06 / 17:23
proof-of-work
Bitcoin
Swedish central bankers snipe Bitcoin mining, cite rampant energy use
Another day, another environmental attack on proof-of-work (PoW) mining. A report shared by the Swedish central bank argued that energy-intensive Bitcoin (BTC) and cryptocurrency mining should be banned.
10.06 / 13:11
Blockchain
Ethereum
proof-of-work
Bitcoin
Bitcoin's real energy use questioned as Ethereum founder criticizes BTC
The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin is using “way too much” energy.
09.06 / 13:49
Blockchain
Ethereum
proof-of-work
Bitcoin
Testnet
Power
No more power surge: Community celebrates as Ropsten testnet merge goes live
The Ethereum blockchain recently completed a step toward the long-awaited upgrade that will improve the platform by switching to a proof-of-stake (PoS) consensus. The Ropsten testnet successfully transitioned to PoS in what is dubbed a “dress rehearsal” for the Ethereum blockchain.
09.06 / 12:59
Ethereum
proof-of-work
Proof-of-stake
BUG
Ethereum's Ropsten Test is 'Almost' Bug-Free, Two More Testnets to Go Before the Merge
The Ropsten test network (testnet) -- also referred to as Ethereum (ETH)'s first dress rehearsal for the upcoming Merge, when the current Ethereum Mainnet will merge with the beacon chain proof-of-stake (PoS) system -- successfully went through The Merge yesterday.
08.06 / 12:25
Blockchain
Adoption
proof-of-work
Bitcoin
IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments
An International Monetary Fund (IMF) study on energy consumption revealed the importance of design choices within the crypto ecosystem to build an environmentally friendly mainstream payment system.
08.06 / 04:41
Government
Blockchain
proof-of-work
New York Governor yet to commit to signing Bitcoin mining ban into law
New York overnor Kathy Hochul is yet to publicly commit to signing the controversial Proof-of-Work (PoW) crypto mining ban bill, instead noting that her team will be looking “very closely” at the proposal over the next few months.
03.06 / 13:29
Africa
proof-of-work
Bitcoin
New York State To Ban Carbon-Powered Bitcoin, Altcoin Mining, While Kenya Fosters Green BTC
As regulators across the world work to adopt varying stances on crypto mining, the US state of New York and the East African country of Kenya offer two examples of how legislators can thwart or foster crypto innovation through their initiatives.
31.05 / 12:19
Blockchain
Ethereum
proof-of-work
Proof-of-stake
Testnet
The Merge for Ethereum's 'Longest-Lived' PoW Testnet Ropsten Expected 'Around' June 8
Ethereum (ETH)'s Ropsten public testnet, the longest-lived proof-of-work (PoW) testnet that allows for blockchain development testing before deployment on the mainnet, is set to run through The Merge "around June 8."
31.05 / 07:39
Ethereum
proof-of-work
Consensus
Energy Consumption
Testnet
Ropsten Ethereum testnet ready for Merge ‘first dress rehearsal’
The Ropsten testnet on the Ethereum network is ready to set the stage for the “first dress rehearsal” of the Merge to adopt the Proof-of-Stake (PoS) consensus mechanism.
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