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Tag: PoW
How PoW Consensus Can Be Made Sustainable
In recent years, the questions surrounding the impact of cryptocurrencies on the environment have taken center stage. Several studies conducted in the past couple of years have indicated that mining, ...
Ripple’s Chris Larsen and Greenpeace Start Campaign to Make Bitcoiners Give up PoW
Yuri Molchan Ripple co-founder and Greenpeace start a campaign to make Bitcoin stop using proof-of-work algorithm Bloomberg has reported that Greenpeace, together with Ripple co-founder Christopher La...
Ripple Chairman Larsen Provides $5M to Force Bitcoin Switch From PoW
Environmental activists Greenpeace, together with Chris Larsen, Ripple’s chairman, are launching a campaign against Bitcoin for its supposed effect on the climate. Larsen Aids Campaign With $5M As s...
EU’s Much Anticipated Provision on PoW Model: Favours Bitcoin
There comes positive news for the Crypto enthusiasts, as it has decided to go ahead without the provision of banning PoW model crypto assets. The European Union’s proposed Markets in Crypt...
EU Institutions To Continue MiCA Discussions Without PoW Ban
According to the lead politician responsible for the MiCA, the proof of work (PoW) ban that was previously considered by the EU parliament is now off the table. The MiCA report has been going through ...
European crypto regulatory framework goes to three-way consideration without PoW ban
The much-dreaded prospect of a ban on cryptocurrencies that use proof-of-work (PoW) consensus is making its way into a key European digital asset directive appears to have blown over. March 24 marked ...
Are Ethereum PoW Miners Shifting To Ethereum Classic? ETC Price Jumps By 79% WoW
Ethereum Classic (ETC) raced past other major crypto tokens with a nearly 79% jump over the past seven days. A bulk of these gains appear to be linked Ehereum’s (ETH) imminent shift to a proof-of-stak...
EU May Revive Down Voted Proof-Of-Work (PoW) Ban This Week
European lawmakers successfully voted against a proposed ban on proof-of-work (PoW) cryptocurrencies last week. But as per regional law, the proposal could be revived this week to face a second round ...
This Week [In] Crypto – PoW Ban Rejected and a New Crypto Tax Haven?
This Week [In] Crypto brings you news about a new crypto tax haven for investors, more NFT integrations, and a wild price prediction for Bitcoin (BTC) from March 14 to 20. Don’t forget to subscribe to...
PoW avoids EU ban, two DeFi protocols suffer a combined $11M hack and BAYC does an ApeCoin airdrop: Hodler’s Digest, March 13-19
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Ban on PoW in the EU: all postponed- The Cryptonomist
Is the ban on Proof of Work, and thus Bitcoin, in the European Union simply postponed? The European Economic Commission’s (ECON) vote on the MiCA (Market in Crypto Assets) law states to move forward o...
Will EU’s new amendment on Crypto Legislation limit the POW cryptocurrencies?
Definition and recognition of if any cryptocurrency is Proof-of-work or not will be decided in the European Union’s new amendment A new controversy seems to ignite with the proposal of a legisla...
EU Votes Against Banning PoW Crypto Tokens In MiCA Bill
The European Union’s Economic Committee on Monday voted against closely-watched legislation that sought to ban proof-of-work (PoW) tokens in a proposed bill on crypto regulation in the bloc. Citing so...
EU votes against a de-facto ban on Bitcoin’s POW consensus method in MiCA draft
The ECON committee of the European Union voted against a de-facto ban on cryptocurrencies that rely on the proof of work consensus protocol, like Bitcoin, that was included in the latest draft of the ...
MiCA, PoW ban rejected: Bitcoin safe in the EU
The European Parliament’s ECON committee has rejected the idea of including in the MiCA the possibility of issuing a ban in the EU on cryptocurrencies with the PoW algorithm, thus on Bitcoin. What ha...
European Parliament votes against PoW ban, providing huge relief to the crypto industry
Earlier on Monday, members of the European Parliament’s Committee on Economic and Monetary Affairs voted against a version of the Markets in Crypto Assets, or MiCA, bill that could have effectively ba...
EU Parliament Votes Against The ‘De-Facto Bitcoin, Ethereum PoW Ban’ ⋆ ZyCrypto
Advertisement     The European Parliament’s Committee on Economic and Monetary Affairs (ECON) on Monday has voted against the de-facto proof-of-work ...
Bitcoin down ahead of the European Parliament’s potential decision to ban PoW coins
TL;DR Breakdown; Bitcoin dropped in price as the European Parliament debates a potential ban on the cryptocurrency. If Bitcoin is banned, it could have a significant negative impact on the market Bitc...
Crypto Market Enters Correction As EU Mulls Banning Bitcoin and PoW Crypto
The crypto market has come under pressure once again ahead of the European Union reportedly working to pass a bill banning all Proof-of-Work (PoW) cryptocurrencies citing environmental concerns. This ...
European Parliament Excludes Pow Provision In Next Week’s Vote On Crypto Bill
A vote on the European Union’s Markets in Crypto Assets (MiCA) regulation has been rescheduled to take place on March 14. The European Parliament was expected to approve the legislation last month. Ho...
European Parliament will hold vote on crypto bill without PoW provision
The parliament of the European Union has scheduled a vote on a framework aimed at regulating cryptocurrencies after addressing concerns over proof-of-work mining. In a Monday Twitter thread, European ...
Death sentence for BTC in Europe: EU scraps move that bans PoW cryptos
The European parliament has been mulling over cryptocurrency regulations for a couple of years now, even as a number of roadblocks have slowed down the process considerably. One such obstacle was remo...
Bitcoin Honeymoon Over? NYC Mayor Comes Out Against PoW
Per a New York Post report, recently elected NY Mayor Eric Adams has revealed his positions against Bitcoin and crypto mining. The politician run on a campaign that vouched to make the U.S. city a “ce...
Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities
New reports emerging out of Russia now suggest that the Central Bank of Russia (CBR) is looking to amend its proposed plans to enact a blanket bank on digital currencies. Per local news channel, Vc.ru...
Are ZK-Rollups The Last Piece Of Blockchain’s Scaling Solution Puzzle?
BLOCKCHAIN – PUZZLE getty Scalability has long been viewed as one of the biggest challenges facing mainstream blockchain adoption. Although the number of transactions a network can process varie...
Proof-of-Work (PoW) crypto mining ban looms large on Europe
Proof-of-Work (PoW) mining of cryptocurrencies might face a ban according to EU securities regulator Climate change goals will be seriously affected with the crypto’s risks Decentralized nature of B...
EU Market Watchdog Speaks Against Renewable Energy Mining for PoW
The Vice-Chair of the European Securities and Markets Authority (ESMA), Erik Thedéen, has taken an unpopular stance against the use of renewable energy for all Proof-of-Work (PoW) mining operations. I...
ESG Organizations Send Letter To Congress About PoW Mining, Bitcoin Responds
Will the ESG FUD ever stop? As a Congressional subcommittee prepares to take a good look at Proof-Of-Work mining, “more than 70” national, international, state and local organizations wrote a letter t...
Thailand Sees PoW Mining Surge As China Ban Lingers On
As the popular proverb saying goes, one man’s food is another man’s poison, the same can be said of crypto mining which is largely on the rise in Thailand amidst the persistent ban on related activiti...