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New Milestones for Ethereum as Ropsten Public Testnet Merge Date Revealed

Earlier this week, a pull request was submitted by an Ethereum DevOps engineer for the Ropsten testnet Merge configuration code that can be seen in the GitHub repository. For the…

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FTX CEO Thinks Bitcoin Has No Future as a Payment System

Sam Bankman-Fried – Chief Executive Officer of the crypto exchange FTX – argued that bitcoin will not emerge as a global payment network. He labeled it inefficient and harmful to…

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Bitcoin Will Lose Users if it Doesn’t Adopt Proof-of-Stake, Says Solana Co-Founder

The Proof-of-Work (PoW) consensus mechanism, which relies on crypto mining to validate transactions, is a pioneering concept that, in fact, pre-existed Bitcoin. But it is often criticized due to its…

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New York State Assembly Passed Moratorium Bill Targeted at Carbon-Based PoW Mining Sites

New York State’s lower chamber passed a bill on Tuesday, imposing a two-year moratorium on crypto mining facilities that use carbon-based fuel to validate proof-of-work (PoW) blockchain transactions. The legislation…

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23 Congressional Democrats Call for Investigating Proof-of-Work Facilities

Proof-of-work (PoW) protocols have been under fire for years due to their massive energy consumption – particularly hurting the battle against climate change. The latest censure against the mining industry…

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Ethereum Dev Says The Merge Could Be Delayed a Few Months, ‘Strongly Suggests’ Not Investing in ETH Mining Rigs

According to Ethereum developer Tim Beiko, The Merge is likely to be pushed to the third quarter of 2022. Despite the delay, Beiko also said he “strongly suggests not investing…

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