1 / 3 Relevant items tagged with #ProofOfWork

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Microsoft breakthrough signals quantum-exclusive future for blockchain mining

[Nov 28, 2024 9:00 PM] The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work.

Fractal Bitcoin Set to Launch Sidechain With Unique Merged-Mining Mechanism

[Sep 6, 2024 1:05 PM] Fractal Bitcoin, a sidechain of Bitcoin created by the Unisat wallet team, is gearing up for its debut on Sept. 9, introducing a fresh twist on mining called “Cadence Mining.” This process plans to enable bitcoin miners to merge-mine…

Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work 

[Aug 17, 2024 3:30 AM] This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking concept that paved the way for today’s digital currencies. Finney’s visionary work continues to echo…

Unveiling the Titans of Crypto Mining: A Deep Dive Into 5 Consensus Algorithms

[Jun 30, 2024 11:20 PM] In the intricate world of cryptocurrency, not all algorithms are forged equal. The proof-of-work (PoW) consensus algorithms like Kheavyhash, Scrypt, Blake3, SHA-256, and Ethash are the linchpins that not only secure but also empower the blockchain…

Marathon Digital Expands Mining Operations to Include Kaspa

[Jun 27, 2024 12:06 PM] Marathon Digital Holdings Inc. has diversified its mining activities by adding kaspa (KAS), a proof-of-work digital asset, to its portfolio. The initiative has already yielded significant results, with the company mining 93 million KAS, valued at…

Bitcoin uses more renewable energy, but will Tesla accept it again?

[Jun 16, 2024 3:01 PM] Tesla removed Bitcoin payments citing environmental concerns, but Elon Musk pledged to reinstate them if renewable energy use on the network increased.

Wall Street must be accountable for Bitcoin mining emissions — Greenpeace

[Jun 14, 2024 3:00 AM] Greenpeace alleges that Wall Street titans such as BlackRock and Vanguard contribute to the environmental harm coming from Bitcoin mining.

EOS Network Foundation Founder: Bitcoin Halving Spurs Development of Solutions Enhancing Network Efficiency

[May 15, 2024 7:49 PM] With Bitcoin transaction fees recently becoming a more critical component of miner revenue, Yves La Rose, CEO of Exsat, believes there is “an increased incentive to adopt and develop solutions that enhance transaction throughput and network…

El Salvador mines 474 Bitcoin using geothermal volcanic energy

[May 15, 2024 2:16 AM] El Salvador currently holds 5,750 BTC worth $354 million, accumulated over three years.

Crypto Teams May Exit Space Due to Ethereum Security Classification, Amina Bank Report Suggests

[May 13, 2024 12:40 AM] The classification of ethereum as a security poses not only risks to the entire crypto market, but it could also likely lead to many crypto teams exiting the space. This designation might hinder progress and potentially reverse years of…

What Bitcoiners Are Saying About the Upcoming Bitcoin Halving

[Apr 16, 2024 11:57 AM] Is the halving priced in or not? Will it tank the bitcoin mining industry? Or accelerate adoption? Here's what experts and community members are saying about the fourth and perhaps most anticipated halving.

Consensys to SEC: Recognize the Advanced Safeguards Inherent in Ethereum’s Design

[Mar 31, 2024 3:47 AM] Consensys has told the U.S. Securities and Exchange Commission that Ethereum’s proof of stake implementation “meets and even exceeds the security of Bitcoin’s Proof of Work (PoW).” The blockchain software company said the…

Top 10 Proof Of Work Blockchains Like Bitcoin

[Feb 25, 2024 11:00 AM] Proof of Work blockchains stand as the cornerstone of cryptocurrency technology, first popularized by Bitcoin, the original cryptocurrency. At their core, these blockchains rely on a consensus mechanism called Proof of Work (PoW). This mechanism is…

Satoshi Anticipated Bitcoin Energy Debate in Email Thread With Early Collaborators

[Feb 23, 2024 11:51 AM] Satoshi saw an irony in the debate between economic conservation and conservation in an email thread with an early collaborator Martii 'Sirius' Malmi.

What Is Kaspa (KAS) Blockchain?

[Feb 4, 2024 1:00 PM] The Kaspa (KAS) blockchain is a decentralized, open-source, and scalable Layer-1 solution often referred to as “Bitcoin 2.0” or “the next Bitcoin.” However, Kaspa is unique in its own way despite functioning very similarly…

Want to work in crypto? University programs can give job seekers a leg up

[Dec 15, 2023 8:01 AM] There is a skills gap in the blockchain industry, and universities worldwide have created programs to help produce the next generation of blockchain professionals.

One-hour Bitcoin block times: What do they mean and are they frequent?

[Dec 11, 2023 10:51 AM] Extended Bitcoin block times have been in the headlines recently, but are they really that big of a deal — or even very common?

Bitcoin’s many deaths: Is crypto market past ‘point of no return?’

[Dec 8, 2023 8:01 AM] Bitcoin has been declared dead more times than you’d think amid downswings in the market, but it’s always managed to bounce back.

US Defense Department Urged to Integrate Bitcoin to Maintain Superpower Status

[Dec 4, 2023 7:30 PM] A U.S. Space Force major has urged the Department of Defense to integrate Bitcoin as an “offset” strategy. Emphasizing that “Integration of this technology could revolutionize national defense strategies in cyberspace,” he…

Bitcoin is of ‘national strategic importance’ says US Space Force officer

[Dec 3, 2023 9:53 PM] U.S. Space Force Major Jason Lowery wants the U.S. military to prioritize the investigation of proof-of-work systems like Bitcoin for the country’s defense.

3 Bitcoin-Like Proof Of Work Altcoins That Could Make You A Millionaire In 2024

[Nov 30, 2023 5:00 PM] Bitcoin is still the leading proof of work blockchain and has already made massive moves over the years, with countless millionaires at the same time. However, with the price of Bitcoin having moved so much already, the upside is fairly limited…

Reclaiming The Crypto Title: The Primacy Of PoW And Cryptography

[Oct 29, 2023 11:00 PM] The term "crypto" has become a buzzword, encompassing a wide range of digital assets. Amongst Bitcoiners, it has also become a derogatory term used to refer to altcoins, as seen in the oft-repeated phrase “Bitcoin, Not Crypto.” However, not…

Centralized Mining Pools ‘Antithetical to the Ideals That Gave Rise to BTC and the Blockchain Movement’ — Tomer Afek

[Oct 22, 2023 5:30 AM] The apparent centralization in both proof-of-work and proof-of-stake protocols is “tragic because it’s antithetical to the cypherpunk ideals” that birthed the the bitcoin and blockchain movement, Tomer Afek, the CEO at the crypto…

EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm

[Sep 28, 2023 4:26 AM] The bloc’s executive arm is commissioning a $842K study as it considers what to do about energy-hungry proof-of-work technology

Grayscale officially abandons post-Merge PoW Ethereum tokens

[Sep 20, 2023 4:20 AM] One year after the Ethereum Merge, Grayscale has finally made the decision to abandon all the rights to proof-of-work Ethereum tokens.

Apocalypse PoW: Bitcoin and the End of Days

[Sep 11, 2023 9:02 AM] Annihilation commencing. Whether through poorly conceived boot up instructions to a novel AI, a global war between desperate nation states, or the final rug pull of our fragile ozone layer - the end of the world hasn’t felt this tangible since…

Dogecoin Proof Of Stake Discussion Heats Up As Lead Dev Chimes In

[Aug 21, 2023 10:00 AM] Dogecoin Lead Developer, Mishaboar has expressed his doubts about a possible move to a Proof of Stake (PoS) blockchain consensus. The developer has stated that the transition to a POS mechanism is not a “sensible approach” and has highlighted…

Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy

[Aug 13, 2023 11:30 PM] A new study suggests bitcoin mining could actually help drive the transition to renewable energy sources. Researchers Juan Ignacio Ibañez and Alexander Freier make the case that Bitcoin miners’ demand for cheap electricity provides…

The last Bitcoin: What will happen once all BTC are mined?

[Jul 21, 2023 7:43 AM] According to some experts, miners will always be essential to the Bitcoin ecosystem, even after mining the last coins.

Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork

[Jul 16, 2023 10:00 AM] Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the…