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Low Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network’s Algorithm
15.5.2021
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 recent Tesla announcement, the cofounder of Siphox and Powx, Michael Dubrovsky, revealed the nonprofit Powx...
Chia network not so green? CPU mining reportedly destroys SSD in weeks
11.5.2021
If you want to save the world, it's going to take a lot of hard drives
Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K
3.5.2021
Vitalik Buterin’s crypto holdings have doubled since January 2021 to surge above $1 billion
Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel
30.4.2021
In the latest Cointelegraph video debate, experts discuss pathways towards making Bitcoin more sustainable
Bitmain Reveals New Antminer E9 Ethereum Miner, ASIC Device Commands 3 GH/s Hashrate
26.4.2021
The cryptocurrency mining rig and ASIC chipmaker Bitmain revealed a new digital currency mining device that’s dedicated to mining ethereum. While the Ethereum network is slowly transitioning from proof-of-work (PoW) to a proof-of-stake (PoS) system, Bitmain’s new Antminer E9 aims to...
Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption
25.4.2021
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 PoW because of the effects on the environment. The Ripple executive believes that other...
Bittorrent Creator Bram Cohen’s Crypto Project Chia Sparks Hard Drive and SSD Shortages
25.4.2021
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space...
Ripple co-founder thinks Bitcoin should move away from proof-of-work
22.4.2021
Bitcoin needs to move away from the proof-of-work consensus mechanism to remain the world’s dominant cryptocurrency, Ripple’s Chris Larsen said
Bitmain's new Ether ASIC mining rig may not fix GPU shortage after all
16.4.2021
A new Ether ASIC mining rig is on the way, but will it help ease Nvidia's GPU problems?
Buterin helping to strategize against Ethereum 51% attack possibility
12.3.2021
Ethereum co-founder Vitalik Buterin is working to proactively solve a blockchain vulnerability
Chinese GPU miners reportedly bulk buying Nvidia laptops to mine Ether
8.2.2021
Chinese GPU miners are apparently buying up Nvidia’s new GeForce RTX 30 laptops to set up ETH mining farms
Surge in Bitcoin energy consumption sparks debate in crypto community
5.2.2021
Bitcoin energy consumption has been at its highest historical levels since late 2020, according to Digiconomist’s Bitcoin Energy Consumption Index
US Library of Congress report highlights proof-of-stake tax blindspot
4.2.2021
The taxman still isn't wise to cryptocurrency earnings made through proof-of-stake. But that could change soon
Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network
23.1.2021
The proof-of-work (PoW) cryptocurrency Firo announced that its protocol came under a 51% attack, notifying its holders to stop transactions. Formerly known as Zcoin, the privacy coin was reportedly subject of a blockchain reorganization attack. Firo Team Clarified the Attack Cannot Be Attributed...
Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System
20.1.2021
While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work (PoW) cryptocurrencies leverage to produce new units of currency. Just recently the software engineer Stephen...
Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate
14.1.2021
There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance launched a new project called the bitcoin standard hashrate token (BTCST), a coin that represents...
Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In
21.12.2020
The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine...
How Many Users Have Already Locked Up $20K to Join Ethereum 2.0?
1.12.2020
Ethereum is moving from a proof-of-work blockchain, where computing power determines rewards, to a proof-of-stake platform (dubbed Ethereum 2.0), whereContinue Reading
The post How Many Users Have Already Locked Up $20K to Join Ethereum 2.0? appeared first on CoinMarketCap Blog
Ethereum 2.0 staking is coming to Coinbase
30.11.2020
The U.S. exchange plans to roll out support in early 2021
Indian exchange offers ETH staking ahead of Ethereum 2.0 launch
11.11.2020
CoinDCX users to stake on ETH 2.0 with as low as 0.1 ETH, the exchange says