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Ripple's Camp Attacks Bitcoin Mining With 'The Stupidest Idea' Again
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Ripple's executives keep bashing Bitcoin (BTC) mining, this time by suggesting a new idea that was labeled "the stupidest idea" of 2021 by a mining expert.
Bitcoin should move away from the “climate disaster” that is its proof-of-work (PoW) consensus mechanism, and instead, embrace a model where existing miners receive rewards without doing anything, Ripple’s Chairman and Co-founder Chris Larsen argued in a new proposal.
“The emerging solution among climate experts is that Bitcoin’s code needs to
Read more on cryptonews.comAbout this in other media
Hive Blockchain on track to mine more Bitcoin, less Ether this quarter cointelegraph.com /2 years ago
A drop in Bitcoin mining cash flows, shares, but here’s the silver lining ambcrypto.com /3 years ago
Bitcoin Mining News: What's The Future of Bitcoin Now That 90% Of All Bitcoins Have Been Mined? ndtv.com /3 years ago
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