Chainlink Labs says its protocol will not support any forked versions of Ethereum (ETH) ahead of the highly anticipated ‘Merge’ event that will see the Ethereum network upgrade from a Proof-of-Work (P...
Tag: PoW
A Second Ethereum PoW Chain Idea Gains Traction
Poloniex to List ‘Potential Forked’ Token Markets ETH Price at the time of writing – $1,682.34 Ethereum Classic was born at ETH block height of 1,920,001 Five days prior, the compelling Chinese crypto...
Crypto Companies Divided on Proposed PoW Ethereum Forks
Ethereum merge is giving rise to factions within the community as opinions abound regarding the direction of a potential fork. One group, spearheaded by a Chinese miner, proposes a fork to preserve th...
Ethereum PoW Tokens Dropped Ahead of Merge
Arman Shirinyan Industry getting ready to migrate from Ethereum to alternative options, and centralized exchanges are ready to help A large cryptocurrency exchange MEXC announced the swap of Ethereum ...
Ethereum Founder Vitalik Buterin Not Concerned About Pro- PoW Individuals
The highly-awaited Ethereum upgrade dubbed ‘The Merge’ has kept crypto enthusiasts on the edge of their seat. Naturally, the most excited of all is Ethereum founder Vitalik Buterin. To the unfamiliar,...
Buterin Says PoW Validators Flocking Back to Ethereum Classic Won’t Disrupt Merge
Ethereum co-founder Vitalik Buterin said the upcoming blockchain’s merge to proof-of-stake consensus would not adversely affect miners minting new tokens on the blockchain’s predecessor, Ethereum Clas...
Poloniex exchange and Justin Sun support the Ethereum PoW fork
A leading Chinese cryptocurrency miner, Chandler Guo, has announced he will be resisting the Ethereum Merge. Guo said he would fork the Ethereum blockchain and create another version of the proof-of-w...
Ethereum POW Fork Is ‘Coming Soon’, Says Chinese Miner
A Chinese Bitcoin miner has claimed that a Proof of Work (POW) fork for Ethereum is “coming soon” as Ethereum prepares to migrate to its Proof of Stake (POS) consensus mechanism. If Ethereum is able t...
Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existence – Bitcoin News
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 durin...
Vitalik Buterin recommends Ethereum Classic for PoW lovers
In the coming months, Ethereum core developers will begin the final phase of the blockchain’s transition from proof-of-work (PoW) to proof-of-stake (PoW) consensus mechanism. This sets the second-larg...
PoW and PoS Are Like Petroleum And Electric Cars In The Crypto World: The European Central Bank
European Central Bank Published a report and compared Pow with Petrol vehicles and PoS with Electric vehicles. Tesla halted accepting BTC payments in 2021 and will resume after green energy cons...
PoW and PoS Are Crypto Versions of Fossil Fuel Cars and Electric Vehicles: ECB Report
The European Central Bank (ECB) has voiced concerns about the significant carbon footprint of Proof-of-Work (PoW) mining while hinting at a possible ban on such crypto assets, including Bitcoin, by 20...
ECB report likens PoW to fossil fuel cars, PoS to electric vehicles
Amid the soaring inflation, the European Central Bank (ECB) has found time to sum up its concerns about the “significant carbon footprint” of Bitcoin (BTC) and other cryptocurrencies, which require va...
Is this Bitcoin Mining Report that could lead to any regulation on POW?
First Executive order on digital assets development and now bitcoin mining report is on the way, gives hints if there are any regulations from Biden Administration The cryptocurrencies and networks us...
MiCA approved with no PoW ban
As expected, on 30 June came the approval of the Markets in Crypto Assets regulation, also called MiCA, and – fortunately – it does not include any bans for Proof of Work or mining. The first news cam...
US Senators call on OSTP to restrict PoW mining to zero-carbon energy sources
? Want to work with us? CryptoSlate is hiring for a handful of positions! Five U.S. Senators have sent a letter to the White House’s Office of Science and Technology Policy (OSTP), requesting the enti...
NYC Mayor Eric Adams speaks out against PoW mining ban legislation
New York City’s Mayor Eric Adams spoke out on Monday against a bill just one step away from effectively banning Bitcoin mining in the state for the next two years. The bill is designed to place a two-...
Eric Adams, Mayor NYC, disputes bill abolishing PoW mining
Mayor Eric Adams of New York City is vocally opposing the rule governing cryptocurrency mining. The bill would make it illegal to mine bitcoins in New York City for two years. The law targets miners o...
Swedish central bank criticized for calling for a ban in PoW ban
The proof-of-work mining system has been under stack over the past few weeks. New York recently passed a bill that banned PoW mining within the state. While the bill has yet to be signed into law, it ...
Bitcoin miners criticize New York ban on PoW mining
The New York state recently passed a bill that banned proof-of-work (PoW) mining within the state. The ban has raised criticism from Bitcoin miners, who have said that if the state’s governor signs it...
Salesforce Launches a Pilot NFT Platform, Won’t Support PoW Blockchains
On Wednesday, American software firm Salesforce announced the launch of a pilot NFT platform – NFT Cloud – on which users can mint and trade such digital assets. However, the company has not revealed ...
Lawmaker behind NY crypto mining bill clarifies it is not a blanket PoW ban
? Want to work with us? CryptoSlate is hiring for a handful of positions! The controversial New York crypto mining bill is not looking to ban Proof-of-Work (PoW) crypto mining, Anna Kelles, the lawmak...
Why are there eyes on NY Governor Kathy Hochul following the PoW crypto mining moratorium passed by lawmakers?
The bill has recently passed in the senate now looking to get signed and approved by governor Kathy Hochul. The New York State Senate has approved a bill concentrating on creating a moratorium o...
Proof-of-Stake (PoS) tokens to get after potential ban of PoW
The New York Senate approved a bill that would ban crypto mining in the state following an early vote. The bill is now headed to Governor Kathy Hochul, who can veto the bill and sign it into law. Are ...
Kevin O’Leary on Proposed PoW Ban, Says New York State is Uninvestible
Renowned TV personality and millionaire investor Kevin O’Leary said the Proof-of-Work(PoW) ban proposed by New York State would scare businesses away. According to the crypto bull, the state, along wi...
New York State to Halt Non-Renewable PoW Mining for Two Years
The New York State Assembly has imposed a two-year moratorium on proof-of-work Bitcoin mining citing environmental concerns. The bill will halt the expansion of mines using non-renewable energy. An as...
New York legislators to vote on PoW mining moratorium this week
New York’s legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns. Over the past weekend, on Saturday and Sunday, several cry...
We Are in the Final Chapter of PoW, Says Dev as Ethereum Merge Gets Delayed
The last few years have seen several postponements of upgrades that would take the Ethereum blockchain to a Proof-of-Stake (PoS) consensus mechanism. The final upgrade, dubbed the Ethereum Merge, has ...
Ethereum Unlikely to Merge in June, Despite PoW Undergoing
The much-anticipated merge of Ethereum will not occur in June as planned, according to Ethereum lead developer Tim Beiko. Beiko took to Twitter and tweeted: “It won’t be June, but likely i...