Proof-of-work Financial News

22.04 / 13:41

Kraken proof-of-work Bitcoin ‘PoS Fanatics Attacking PoW are Actual Supervillains’, Kraken’s Powell Says as US Politicians Charge

A letter by a group of Democratic members of the US Congress attacking proof-of-work (PoW) mining and praising proof-of-stake (PoS) is causing an uproar in the Bitcoin (BTC) community, with crypto exchange Kraken CEO Jesse Powell claiming that “PoS fanatics attacking PoW are actual supervillains.”

21.04 / 23:31

Government Environment proof-of-work lawmakers US lawmakers US lawmakers sound alarm to EPA over environment concerns of crypto mining

United States House of Representatives member Jared Huffman and 12 other lawmakers have requested the Environmental Protection Agency, or EPA, assess crypto mining firms potentially violating environmental statutes.

18.04 / 18:25

markets Mining Trading proof-of-work Decred price soars 45% in one day three weeks before a major hard fork

Decred (DCR) prices soared by as much as 45% on April 18 before paring some gains as traders bet on a major hard fork that aims to prevent pump-and-dump schemes by miners.

14.04 / 16:51

cryptocurrency proof-of-work Wikipedia Bitcoin After Mozilla Abandoned PoW Cryptos Citing Energy Concerns, Wikipedia May Follow

Energy consumption of Proof-of-Work (PoW) cryptoassets has once again become a hot topic as companies start ditching cryptos that use this energy-intensive mechanism for validating transactions and creating new tokens.

13.04 / 04:21

business Altcoin Donations proof-of-work crypto donations stake No Bitcoin: Mozilla will only accept Proof of Stake crypto donations

The company behind the Firefox internet browser Mozilla is attempting to appease its environmentally-conscious community by accepting only Proof-of-Stake (PoS) crypto donations.

12.04 / 18:47

Ethereum MasterCard proof-of-work Bitcoin Robinhood Domesticates Shiba Inu, Changes for Celsius Users in US + 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.

12.04 / 00:17

Ethereum Ether price proof-of-work Proof-of-stake testing ETH devs implement first-ever ‘shadow fork’ as PoS testing continues

Ethereum developers implemented the network’s first-ever “shadow fork” on Monday, marking an important milestone in the ongoing shift to a proof-of-stake (PoS) consensus.

07.04 / 19:01

Ethereum Investments proof-of-work Bitcoin veteran ‘People should invest in all of the major layer-1s,’ says a veteran trader

Scott Melker, veteran trader and pocaster, is convinced that major layer-1 protocols should be part of everyone’s investment portfolio. Instead of picking individual crypto projects, such as NFTs or blockchain games, Melker thinks it makes more sense to bet on the blockchain infrastructure on which these projects are built.

06.04 / 12:51

Ethereum Google fees proof-of-work 3 reasons why Ethereum price can hit $4K in April

Three market catalysts suggest that Ethereum's native token Ether (ETH) is well-positioned to reach $4,000 this month.

29.03 / 12:53

Advertising proof-of-work Media Bitcoin Ripple’s Larsen Teams Up With Greenpeace & Co to Spend USD 5M on Recycling Bitcoin Mining FUD

One ofRipple’s top executives has stoked the ire of the Bitcoin (BTC) community again, with a fresh assault on the way the network operates and its supposed environmental impact.

29.03 / 10:49

Mining Environment proof-of-work Bitcoin Greenpeace, Ripple co-founder campaigning to change Bitcoin code

Greenpeace, along with other climate groups, and co-founder and executive chairman of Ripple, Chris Larsen, has launched a new campaign aimed at changing Bitcoin (BTC) to a more environmentally friendly consensus model.

25.03 / 17:23

Ethereum cryptocurrency proof-of-work Bitcoin EU Institutions to Continue MiCA Discussions Without Bitcoin Mining Ban Proposal

As the European Parliament continues its work on the crypto-focused MiCA regulation, Stefan Berger, a German member in charge of shepherding the legislation, has announced that his mandate to lead inter-institutional talks on MiCA was not scrapped -- thus advancing the regulation towards adoption without a controversial provision that would ban proof-of-work (PoW) consensus protocols in the EU.

25.03 / 16:23

Ethereum Investing proof-of-work Proof-of-stake Ethereum staking Ethereum Staking Sees Accelerating Growth Ahead of Merge

Staking of Ethereum’s native ETH tokens is accelerating ahead of ‘the Merge,’ with more than 9% of the entire supply of ETH now locked in staking protocols. Meanwhile, exchanges are being depleted of their ETH supply, as more investors are taking their tokens into their own custody and staking them.

21.03 / 17:23

Ethereum MARKET proof-of-work Ethereum Classic week NOT Ethereum Classic Jumps 54% In a Week, But History Shows That the Rally May Not Last

The price of Ethereum classic (ETC), the project that split from Ethereum (ETH) after a hack in 2015, jumped over the weekend, supported by strong technicals in the chart and speculation that some Ethereum miners could embrace it.

21.03 / 15:51

business Government proof-of-work Bitcoin EU vote on Bitcoin mining: What does it mean for the industry?

Proof-of-work (PoW) crypto mining won’t be banned in the European Union — not this year at least. That’s the conclusion from last week’s closely watched committee vote in the European Parliament (EP).

16.03 / 17:19

markets Ethereum Investments proof-of-work 3 reasons why Ethereum price can still retest $3K this month

Ethereum's native token Ether (ETH) could reach back to $3,000 in March, backed by a mix of short-term technical, fundamental, and on-chain catalysts.

16.03 / 00:33

Blockchain Technology Ethereum proof-of-work BUG testing Ethereum Merge testing on Kiln mostly successful, save for one minor bug

On Tuesday, Ethereum (ETH) developer Tim Beiko tweeted that Kiln successfully passed the Ethereum Merge, with validators producing post-merge blocks containing transactions. Kiln will be the last Merge testnet (formerly Ethereum 2.0) before existing public testnets are upgraded. "Merge" involves taking Ethereum's Execution Layer from the existing Proof of Work layer and merging it with the Consensus Layer from the Beacon chain, turning the blockchain into a proof-of-stake network. The Foundation writes:

15.03 / 13:31

Entertainment Gaming proof-of-work Crypto miners Bitcoin & Crypto Miners Set to Face Fresh EU Scrutiny After Rejected Proof-of-Work Ban

The European Union still has its sights set on bitcoin (BTC) and ethereum (ETH) miners – despite rejecting a proposed rule that would have effectively banned proof-of-work (PoW) mining across the union.

15.03 / 05:29

Ethereum proof-of-work Consensus Test Testnet Ethereum 'Merge' edging closer with final Kiln testnet launch

The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public testnet Kiln launched to put it through its paces.

14.03 / 19:29

Ethereum proof-of-work Bitcoin Support Bitcoin and Ethereum Get Support in EU, Ban Idea Rejected

Stefan Berger, a member of the European Parliament in charge of shepherding the MiCA regulation, confirmed that the European Parliament Committee on Economic and Monetary Affairs (ECON) rejected a suggestion that could ban proof-of-work consensus protocols such as Bitcoin (BTC), Ethereum (ETH), in the EU.

12.03 / 18:03

Ethereum Ban proof-of-work Bitcoin EU Crypto Industry Calls to Arms as Bitcoin & Ethereum Ban In Cards Again

France-based hardware wallet manufacturer Ledger sounded an alarm about a possible EU-wide ban on cryptoassets that are using the proof-of-work (PoW) consensus mechanism, calling people to contact members of the European Parliament (MEPs) and oppose the move.

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