White House Suggests Banning Proof-Of-Work Crypto
The White House Office of Science and Technology released a report on Thursday urging the Environmental Protection Agency (EPA) and the Department of Energy (DOE) to take measurable actions to…
Ethereum Founder Vitalik Buterin Speculates the Merge Will Happen on September 15
Vitalik Buterin, Ethereum’s co-founder, has hinted that the much-anticipated merge might occur around September 15. The transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism called the merge…
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Myriad Proof-Of-Work Blockchains See Significant Hashrate Losses
While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as…
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The Crypto Climate Accord Walks A Fine Line Between Self-Interest And The Greater Good
As the spotlight turns once again towards the environmental impact of blockchain technologies, support for the Crypto Climate Accord has come from curious corners of the industry, raising questions about…
Senator Warren Calls Out Bitcoin’s Energy Consumption — Bitcoiners Bite Back
U.S. Senator Elizabeth Warren criticized Bitcoin and cryptocurrencies yesterday in a Banking Senate Subcommittee hearing. In the hearing, Warren criticized the energy consumption that Bitcoin and other proof-of-work (PoW) cryptocurrencies…
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Vitalik Buterin Says People Difficulties Not Technical Difficulties Slowed The Ethereum 2.0 Rollout
The cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement. Buterin admitted at Hong Kong’s…
Greenpeace Has Stopped Accepting Bitcoin Donations Due To Network’s Environmental Impact
Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was one of the first NGOs…
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Low Energy Proof-Of-Work: Bitcoin Improvement Proposal Wants To Change Network’s Algorithm
The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the…
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The Future Of Ethereum In A Meme: Ultrasound Money
The “ultrasound money” meme has been running in Ethereum based circles for some time, gaining momentum as the asset rises and rises in value during this bull market. While it…
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Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-Of-Work’s Energy Consumption
Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider…