Auto Added by WPeMatico

Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies

Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned…

Continue ReadingProof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies

Prominent Ethereum Mining Pools Extends Support to ETHW Mining

Ethereum finally transitioned its underlying consensus model to proof-of-stake (PoS) on September 15th at block 15537393. The historical event, however, failed to shed off the appeal of the new proof-of-work…

Continue ReadingProminent Ethereum Mining Pools Extends Support to ETHW Mining

White House Report Recommends Banning Bitcoin Mining to Slash GHG Emissions

The White House Office of Science and Technology Policy (OSTP) has released a report examining the connection between distributed ledger technologies (DLT) and climate change.  The office determined that crypto’s…

Continue ReadingWhite House Report Recommends Banning Bitcoin Mining to Slash GHG Emissions

Bitcoin Needs to Adopt an Upgrade Similar to Caradano’s to Survive: Charles Hoskinson

With energy sources getting expensive rapidly, the environmental impact of validating PoW crypto-assets is being studied intensely. The White House’s latest report mentions the excessive usage of energy by several…

Continue ReadingBitcoin Needs to Adopt an Upgrade Similar to Caradano’s to Survive: Charles Hoskinson

PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit

In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin.…

Continue ReadingPoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit

Early BTC Core Developer Has Some Advice for Bitcoin Maximalists

Matt Corallo – a long-time Bitcoin developer and one of Blockstream’s Co-Founders – thinks BTC maximalists are not helping their favorite cryptocurrency by calling all other digital asset protocols “scams.”…

Continue ReadingEarly BTC Core Developer Has Some Advice for Bitcoin Maximalists

Ethereum’s Merge Could Be ‘Sell the News’ Event, Says Mark Cuban

The American billionaire investor and owner of the Dallas Mavericks – Mark Cuban – believes Ethereum’s transition from a Proof-of-Work consensus mechanism to Proof-of-Stake could be a double-edged sword. In…

Continue ReadingEthereum’s Merge Could Be ‘Sell the News’ Event, Says Mark Cuban

Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility

According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply…

Continue ReadingBitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility