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The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in resolving the problem.
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”
“The U.S. is where the action is in terms of markets, so we plan to be in at least another couple of states as well as Texas with some diversified…
The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator.
“At a minimum, the public should have a say in these crypto handouts," said the Tech Transparency Project.
Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay.
In the future, energy communities should make a greater contribution to the energy transition.
Ethereum's imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin.
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi).…
The main barrier to the wide adoption of DLT solutions by the energy system stakeholders is how energy markets are structured.