Search Results for “Proof of Work”

These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake

September 17, 2022 admin ASIC Mining, ASIC mining rig, ASICs, Bitcoin, Bitmain's Antminer E9, Blake2B-Sia, BTC, Consensus Algorithm, consensus algorithms, Cuckatoo32, digibyte (DGB), Doge, Equihash, Ethash, Exahash, Gigahash, Hashpower, Hashrate, Innosilicon, kadena, LTC, megahash, mineable coins, Mining, Proof of Stake (PoS), Proof-of-Work (PoW), Scrypt, SHA256, Terahash, Verge (XVG), X11

Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to

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

September 16, 2022 admin Binance, Bitcoiners, Brian Armstrong, Censorship, Centralization, Checkmate, Coinbase, Gary Gensler, glassnode, Glassnode Data, Jack Dorsey, Kraken, Lido, Lido 30%, Major Exchanges, Maximalists, News, PoS, PoW, Proof-of-Stake, Proof-of-Work (PoW), Ryan Adams, sec chair, Staked Ether, tuur demeester, Validator, Validators

Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network.

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Regulator Reiterates Call for EU Ban on Proof-of-Work Mining

January 20, 2022 admin ban, Crypto, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, Electricity, Energy, Erik Thedéen, EU, europe, european, financial regulator, method, Miners, Mining, model, Norway, power, Proof of Work, Proof-of-Stake, regulator, renewable, securities watchdog, Sweden, swedish

The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the

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White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill

August 6, 2021 admin Crypto tax, crypto tax amendment, cryptocurrency tax, infrastructure bill, infrastructure package, infrastructure plan, Regulation

The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus

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Myriad Proof-of-Work Blockchains See Significant Hashrate Losses

June 29, 2021 admin ASIC, BCH, bitcoin cash, China, chinese miners, dash, ETH, Ethereum, GPU, Hash, Hashpower, Hashrate, litecoin, LTC, Miners, Mining, Mining Coins, Monero, PoW, Proof of Work, SHA256, xmr

While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday,

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Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web

December 16, 2022 admin audits, Binance, Binance Audit, Binance Exchange, Binance Reserves, Bitcoin, crypto assets, crypto companies, Crypto.com, FUD, Jesse Powell, Kraken Exec, KuCoin, Mazars, Mazars Group, Mazars published Binance audit, News, PoR, Proof of Reserves, rumors, Speculation, Withdrawals

The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR

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Ethereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production

September 6, 2022 admin Beacon Chain, Beacon Chain validators, Bellatrix upgrade, Block Production, BTC Dominance, Code, Codebase, ETH dominance, Ethereum (ETH), Ethereum Developers, Paris Upgrade, PoS, PoW, ruleset change, Software, Technology, The Merge, The Merge transition, Vitalik Buterin

The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition

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Solana Halts Block Production, Validators Told to Prep for a Restart, Network’s Decentralization Criticized

June 1, 2022 admin 7 hour outage, Anatoly Yakovenko, Bitcoin, Block Issues, Block Production, Block Validators, BTC, Cardano, cryptos, Mainnet outage, News, PoS, Proof-of-Stake, September Outage, SOL, SOL Issues, SOL price, Solana, Solana Apps, Solana blockchain, Solana consensus, Solana Mainnet, Solana Outage, Solana Status, Solana Status Twitter, Solana Uptime, Solana validators, Trades, trading, Transaction Issues, Transaction Spam, uptime

On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number

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Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant

May 1, 2022 admin Altcoins, Anatoly Yakovenko, Attack, Bitcoin, cnbc, Elon Musk, Energy efficiency, News, Proof of Work, Proof-of-Stake, Solana, WEF

Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements

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Dogecoin Foundation Says It’s Working With Ethereum’s Vitalik Buterin on a Staking Concept

December 25, 2021 admin adoption, Billy Markus, Doge, DOGE adoption, dogecoin, Dogecoin (DOGE), dogecoin adoption, dogecoin foundation, Ethereum bridge, Ethereum co-creator, Gigawallet Project, News, nft, NFTs, PoS, Proof-of-Stake, Trailmap, utility, Vitalik, Vitalik Buterin

According to the Dogecoin Foundation, the organization is working with Vitalik Buterin on constructing proof-of-stake (PoS) capabilities for the Dogecoin

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Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyperinflation, monetary debasement, bank freezes, and
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8
LIVE: Watch stocks trade in real time as First Republic’s slide rattles Wall Street — 3/17/2023
The Dow Jones Industrial Average fell Friday as investors remained skittish on First Republic and other banks amid the industry’s crisis. First Republic slid 20% despite gaining nearly 10% in the previous session. The stock got a boost Thursday when a group of banks said it would aid First Republic with $30 billion in deposits
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in
We’re in the middle of the banking crisis, says Odeon’s Dick Bove
Dick Bove of Odeon Capital, Herb Greenberg of Empire Financial Research and Liz Hoffman, Semafor business and finance editor, join CNBC's Brian Sullivan and 'Last Call' to discuss the recent banking crisis and how it could impact the Fed's rate decision next week.