#PoW

News.Bitcoin / Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System

January 19, 2021 / newsbitcoin

While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work…

News.Bitcoin / Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate

January 14, 2021 / newsbitcoin

There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January…

News.Bitcoin / Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In

December 21, 2020 / newsbitcoin

The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion…

Cointelegraph / OECD calls out countries for their inconsistent rules on crypto taxation

October 14, 2020 / cointelegraph

A study of cryptocurrency taxation regimes from around the world by the Organization for Economic Co-operation and Development, or OECD, found that global crypto taxation laws are highly inconsistent. Source:…

Coindesk / Energy Web Is Starting With Ripple in Its Bid to Make Crypto Provably Green

September 30, 2020 / coindesk

The crypto industry, with its questionable carbon footprint, now has a convenient way to showcase its green cred on a verified (rather than trusted) basis. But that raises a tricky…

Cointelegraph / Fight fire with fire: MIT scholar suggests ETC counters 51% attacks

September 15, 2020 / cointelegraph

The recent 51% attacks on Ethereum Classic (ETC) have raised fresh questions about the security of proof-of-work blockchains. Not only has ETC been attacked three times within a month, but…