The securities regulator has clarified its stance on so-called “Covered Crypto Assets” and “Protocol Mining” involving public, permissionless PoW networks.
Proof of Work News
Proof-of-work is a consensus algorithm developed to protect decentralized networks from any malicious activities. The initial concept of PoW was first described in 1993. The two steps of a proof-of-work algorithm are to solve difficult and time consuming tasks and to check the results. Despite the fact those tasks can be solved, they required a large amount of computer power. The difficulty of the tasks varies in order to control the frequency of discovery of the new blocks, which can be found approximately one block in 10 minutes because of the need to synchronize all discovered blocks among the users holding the blockchain. Due to the fact that the process is energy consuming and random, it is impossible to say for sure which Bitcoin-miner will solve the task and discover the block.
- News5575
- Overview
When Bitcoin soars into a bull market, skeptics cling to fear, uncertainty and doubt. Are you prepared to repel these FUD claims?
7850 - News
The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work.
6297 - News
Ethereum co-founder Buterin shared his vision for the future of the protocol, with an emphasis on improvement for proof-of-stake, security and more in a post-Merge world.
15732 - Spotlight
This blockchain's lightweight architecture allows it to be embedded on all devices, making it ideal for DePIN projects.
16834 - Overview
The crypto world is full of technical terms, some of which are so difficult that almost no one understands them.
10782 - News
Marathon is looking to “capitalize on higher margins” possible with Kaspa mining — but one executive stressed the firm is in no way “pivoting” from its main focus, Bitcoin.
4741 - Analysis
Tesla removed Bitcoin payments, citing environmental concerns, but Elon Musk pledged to reinstate them if renewable energy use on the network increased.
4875 - Overview
Greenpeace alleges that Wall Street titans such as BlackRock and Vanguard contribute to the environmental harm coming from Bitcoin mining.
14320 - News
Ethereum-based transactions currently have two gas fees: one for transaction execution and another for storing data.
8536 - Spotlight
The AI industry faces bottlenecks caused by the scarcity and high costs of enterprise-grade GPUs.
24923 - Bitcoin Halving
While Bitcoin halvings can put a huge dent in crypto mining profitability, miners say they wouldn’t have it any other way.
17592 - Bitcoin Halving
Crypto traders expect the upcoming halving to send BTC price much higher, but what does the options market say about pro traders' expectations?
18372 - Analysis
The cost of building a home mining rig is significant, but there are ways that would-be crypto miners can economize their build.
24533 - News
New research from Coin Metrics found that 51% and 34% attacks on Bitcoin and Ethereum are no longer possible from nation-state attackers if their goal was to destroy the blockchains.
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