Crypto

The end of mining in Ethereum “will lead it to ruin”, says economist

The end of mining in Ethereum “will lead it to ruin”, says economist

Ethereum with proof of participation (PoS) is not even a month old, and some people already predict a catastrophic end for the network. Because of leaving proof of work (PoW) behind, they point out that security and decentralization could be compromised. The co-creator of Ethereum, Vitalik Buterin is convinced that staking is safer than mining. …

The end of mining in Ethereum “will lead it to ruin”, says economist Read More »

Binance launches ETHW mining pool, the fork of Ethereum after the Merge

Binance launches ETHW mining pool, the fork of Ethereum after the Merge

This article contains referral links. Know more. Binance, the world’s largest bitcoin (BTC) and cryptocurrency exchange, launched a mining pool for the EthereumPoW network. This is the Ethereum fork created after the Merge and its native currency is ETHW. The Binance ETHW Pool came into operation on September 29 and, as a launch promotion, the …

Binance launches ETHW mining pool, the fork of Ethereum after the Merge Read More »

Lightning Labs advances “towards the bitcoinization of the dollar” with this launch

Key facts: It is expected to reach the main Bitcoin network and the Lightning Network in the coming months. The potential issuance of new Bitcoin stablecoins excites the Lightning Labs team. Lightning Labs, a Bitcoin technology developer company, released the alpha version of Taro. It is a protocol that allows the issuance and sending of …

Lightning Labs advances “towards the bitcoinization of the dollar” with this launch Read More »

Standardize commissions in Bitcoin Lightning network nodes: new proposal

Lisa Neigut presenting the project.

Key facts: The new proposal is called the “rank commission card”. The cards could even set negative commissions, subsidizing the cost. Bitcoin’s instant micropayment network, Lightning Network, is gradually being upgraded. Now, a new standard seeks to fix the format in which the nodes establish their commissions based on the routing capacity offered. The proposal …

Standardize commissions in Bitcoin Lightning network nodes: new proposal Read More »

Is Bitcoin mining green or not? New data reopens the debate

Is Bitcoin mining green or not?  New data reopens the debate

Key facts: Gas and coal account for 62% of Bitcoin’s energy sources, according to Cambridge. Hydroelectric power use was cut in half within a year. The Bitcoin mining community is on a difficult path towards using energy from renewable sources. Coal use has fallen in the last two years and natural gas is gaining prominence, …

Is Bitcoin mining green or not? New data reopens the debate Read More »

World Economic Forum Launches Coalition to Reduce Bitcoin’s Environmental Impact

Key facts: The coalition will assess the electrical consumption of the cryptocurrency mining industry. Ripple, Solana and Stellar are part of the WEF coalition. The World Economic Forum (WEF) announced the creation of a coalition that will investigate different aspects of Bitcoin technology. The purpose of this alliance, as reported, would be to better understand …

World Economic Forum Launches Coalition to Reduce Bitcoin’s Environmental Impact Read More »

Bitcoin will be under the microscope of the World Economic Forum and its new coalition

Key facts: The coalition will assess the electrical consumption of the cryptocurrency mining industry. Ripple, Solana and Stellar are part of the WEF coalition. The World Economic Forum (WEF) announced the creation of a coalition that will investigate different aspects of Bitcoin technology. The purpose of this alliance, as reported, would be to better understand …

Bitcoin will be under the microscope of the World Economic Forum and its new coalition Read More »

Solar-Powered Bitcoin Mining Farm Attracts Investors

Key facts: Galaxy Digital and PolyChain Capital led Aspen Creek’s investment round. The company, in addition to mining Bitcoin, sells the surplus electricity it has. Aspen Creek Digital Corp (ACDC) has raised more than $8 million for its new 100% solar-powered mining complex in Texas, USA. The financing round its leaders were the Galaxy Digital …

Solar-Powered Bitcoin Mining Farm Attracts Investors Read More »

“Cryptocurrency mining is not a crime”: NGO Bitcoin Argentina

Key facts: In September, the AFIP carried out several raids on mining farms. The Argentine Penal Code does not classify this activity as an illegal act. The NGO Bitcoin Argentina released a statement clarifying that Bitcoin and cryptocurrency mining is not an illegal activity in that country. This occurs days after several raids were carried …

“Cryptocurrency mining is not a crime”: NGO Bitcoin Argentina Read More »