Tag: POW

New York’s mayor seeks balance with regulators after PoW mining moratorium

New York’s mayor seeks balance with regulators after PoW mining moratorium

New York City mayor Eric Adams is still focused on making New York a crypto hub, but he believes that goal can be combined with statewide efforts to curb environmental costs related to crypto mining, according to reports on Nov 25.  The comments follow the new law signed by New York governor Kathy Hochul, banning […]

Ethereum Merge spikes block creation with a faster average block time

Ethereum Merge spikes block creation with a faster average block time

The Merge upgrade for Ethereum (ETH), which primarily sought to transition the blockchain into a proof-of-stake (PoS) consensus mechanism, has been revealed to have a positive impact on the creation of new Ethereum blocks. The Merge was considered one of the most significant upgrades for Ethereum. As a result of the hype, numerous misconceptions around […]

F2Pool, Poolin to start Ethereum PoW mining after ETHW mainnet launch

F2Pool, Poolin to start Ethereum PoW mining after ETHW mainnet launch

Despite Ethereum’s historic transition to a proof-of-stake (PoS) consensus mechanism, mining pools are increasingly signing up for mining on the upcoming proof-of-work (PoW) version of Ethereum. EthereumPoW, the community advocating for ETHPoW, or the PoW Ethereum version, has released a list of mining pools that are going to continue mining after the ETHW mainnet launch. […]

Bitcoin proponent claims PoS rewards aren’t ‘yields,’ Vitalik snaps back

Bitcoin proponent claims PoS rewards aren’t ‘yields,’ Vitalik snaps back

Independent developer and Bitcoin proponent Udi Wertheimer created quite a buzz on crypto Twitter earlier on Sept. 12, after he claimed that a proof-of-stake (PoS) based yield reward system for staking is more of a penalty for non-stakers. Wertheimer who is a well-known Ethereum critic believes that the PoS staking reward system isn’t exactly a […]

FTX to halt Ethereum trades on Arbitrum, Solana, BSC for the ETH Merge

FTX to halt Ethereum trades on Arbitrum, Solana, BSC for the ETH Merge

While Ethereum devs promised no downtime during The Merge, one of the most anticipated Ethereum upgrades, members of the crypto community decided to take proactive measures to ensure the safety of investor funds. In this effort, crypto exchange FTX announced to halt all Ether (ETH) trades on various blockchains until the September upgrade concludes. The […]

Bitcoin mining to cost less than 0.5% of global energy if BTC hits $2M: Arcane

Bitcoin mining to cost less than 0.5% of global energy if BTC hits $2M: Arcane

Bitcoin (BTC), the world’s most-valued cryptocurrency, has the potential to be a significant energy consumer in the future, but only if it reaches several million dollars, according to new estimates by Arcane Research. Crypto research and analytics firm Arcane Research on Monday released a report estimating the development in Bitcoin’s energy usage toward 2040. Authored […]

3 strategies investors might use to trade the upcoming Ethereum Merge

3 strategies investors might use to trade the upcoming Ethereum Merge

The Ethereum network’s long-awaited transition from proof-of-work to proof-of-stake is set to occur from Sept 15 to 16 and for the last year, traders and analysts have been discussing various outcomes for the upgrade and possible trading strategies.  Let’s take a look at three options investors and traders have. Hodl ETH to earn the expected […]

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