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Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existence
2.8.2022
According to Chandler Guo, an influential Chinese bitcoin miner, a proof-of-work (PoW) version of Ethereum is “coming soon.” The news comes as The Merge is expected to be implemented on Ethereum during the week of September 19, and the growing discussions of delaying the highly...
Survey That Asks if The Merge Could Cause an Ethereum Chain Split Sparks PoS Delay Discussions
31.7.2022
While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more...
Ethereum Classic Climbs 124% in 2 Weeks, Hashrate Spikes, KRW Captures 20% of ETC’s Trade Volume
28.7.2022
Roughly six years ago in July 2016, an Ethereum hard fork was used to address the infamous DAO hack. This specific fork saw the chain split into two factions, and a new crypto asset called ethereum classic was introduced to the crypto community. For years now both chains have co-existed using...
Traders Withdraw $3.6 Billion in Ethereum From Crypto Exchanges in 17 Days
23.7.2022
The pencilled-in preliminary date for The Merge, revealed by the Ethereum developer Superphiz, is less than two months away and the announcement seemingly caused a number of developments to happen. First off, the network’s native token ether saw a significant spike in value and secondly...
As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago
19.7.2022
While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s...
While the ‘Timeline Isn’t Final,’ Ethereum Could Implement The Merge on September 19
16.7.2022
In roughly 65 days, there’s a chance Ethereum’s highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS), otherwise known as The Merge, could be implemented. The information was shared via “a planning timeline” on Twitter, which noted the shift from...
ECB report likens PoW to fossil fuel cars, PoS to electric vehicles
15.7.2022
European Central Bank researchers anticipate a clash between the green transition policies and Bitcoin investors
ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban
14.7.2022
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin’s carbon footprint...
Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits
9.7.2022
On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more than 13 million ethereum locked into the Beacon Chain worth $15.8 billion using...
Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate
8.7.2022
According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science and Technology Policy (OSTP) discussed the research report on July 2, 2022. The OSTP official...
Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility
8.7.2022
According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s Fort Stockton-based 25-megawatt facility and when the grid is swamped...
Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge
6.7.2022
On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit. Bitmain Launches...
Ethereum fork a success as Sepolia testnet gears up to trial the Merge
1.7.2022
The difficulty bomb has been successfully delayed according to core dev Tim Beiko and Ethereum ecosystem developer Nethermind
‘Unique phenomenon’: All 5B toncoins mined on PoS TON blockchain
28.6.2022
The TON blockchain has always been proof-of-stake, while the mining of toncoin began “spontaneously and randomly” in 2020, according to the TON Foundation
NY City Mayor Eric Adams Wants State's Governor to Veto 2-Year Moratorium on PoW Mining: Report
14.6.2022
The city's pro-crypto mayor plans to ask Gov. Kathy Hochul to veto a mining bill that would stop Proof of Work mining for two years
NYC Mayor Eric Adams speaks out against PoW mining ban legislation
14.6.2022
The Mayor has been a proponent of the crypto industry and has now pledged support for sustainable Bitcoin miners by asking Governor Hochul to veto a two-year moratorium on mining
IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments
8.6.2022
In addition to eco-friendly components, the IMF recommended central banks to include other features in the CBDCs, such as compliance, higher resilience and offline capabilities
New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature
3.6.2022
The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York...
New York State Senate passes Bitcoin mining moratorium
3.6.2022
The bill once, approved by Governor Kathy Hochul, would make New York the first state in the U.S to put a moratorium on crypto mining
The Merge for Ethereum's 'Longest-Lived' PoW Testnet Ropsten Expected 'Around' June 8
31.5.2022
Ethereum (ETH)'s Ropsten public testnet, the longest-lived proof-of-work (PoW) testnet that allows for blockchain development testing before deployment on the mainnet, is set to run through The Merge "around June 8."
Ethereum core developer Tim Beiko broke the news on Twitter, detailing that...