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Nalezeno "PROOF": 1409

The Case for Taxing Proof-of-Work


Most bitcoiner owners aren't cypherpunks and don't require an energy-intensive consensus mechanism. A tax would shift them on to sensible alternatives

Hut 8's 'Ferrari of GPUs' Ready for Ethereum's PoS Move, Miner Open to M&A


  Contrary to smaller Bitcoin (BTC) and crypto miners, Canada-based Hut 8 would not be "really affected" by Ethereum (ETH)'s move to the proof-of-stake (PoS) consensus mechanism, as the miner is ready "no matter what," Sue Ennis, Vice President (VP) of Corporate Development and Investor Relations...

Ethereum Founder Confirms DOGE Shifting to Proof-of-Stake


Dogecoin recently announced working with Vitalik Buterin to bring proof-of-stake to the network. The Ethereum founder confirmed the news, stating that the meme coin will complete the shift for its new community staking system. Elon Musk, the world’s richest man, owns Dogecoin and tweets about...

Union Bank of Philippines to Offer Crypto Trading and Custodial Services


One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank executive. Philippines’ Unionbank to Offer Crypto Trading and Custodial...

Team Proof-of-Work Educates Lawmakers at Bitcoin Mining Hearing in US


  Questions ranged from whether Bitcoin (BTC) could potentially transition to a proof-of-stake (PoS) consensus mechanism, to whether crypto mining can be considered “wasteful,” as lawmakers in the US House of Representatives discussed the energy impact of crypto mining during a hearing...

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