Proof-of-Stake


Finance

Michael Saylor, Jack Dorsey Among Bitcoin Heavyweights Defending Mining in Letter to EPA

Bitcoin mining sites are no different than data centers operated by mega-cap tech firms such as Amazon, Apple, Google, Meta and Microsoft, the authors wrote.

A bitcoin mining facility. (Christinne Muschi/Bloomberg via Getty Images)

Finance

Wikipedia to Stop Accepting Crypto Donations on Environmental, Other Grounds

The announcement follows a vote by the Wikimedia community in which 71.2% voted in favor of a proposal to stop accepting cryptocurrency.

Wikimedia acepta bitcoin, bitcoin cash, y ether vía BitPay. (Unsplash/Fabian Blank)

Vidéos

So What If Ethereum Foundation Holds Fiat?

According to the Ethereum Foundation’s (EF) 2022 annual report, the non-profit organization holds $300 million, nearly 20% of its treasury, in non-crypto investments. “The Hash” group discusses the extensive size of the Ethereum Foundation's treasury, the need for fiat investments given crypto market volatility, and Ethereum's highly anticipated merge to a proof-of-stake consensus mechanism. 

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Technologies

GPUs Get Cheaper as Ethereum’s Switch to Proof-of-Stake Gets Closer

The network's planned switch to PoS has been pushing prices for graphics cards down.

An Asus graphics card. (Joseph Greve/Unsplash)

Juridique

US House Democrats Call for Scrutiny on Crypto Mining as Environmental Threat

Rep. Huffman and other congressional Democrats wrote the EPA chief on the potential harm to the climate and environment.

U.S. Rep. Jared Huffman (D-Calif.) led fellow Democrats to write the EPA about concerns over crypto mining. (Jemal Countess/Getty Images for Green New Deal Network)

Vidéos

Algorand Plans to Black Out Times Square Ahead of Earth Day

The Algorand Foundation will darken New York City’s Times Square ahead of Earth Day, aiming to debunk myths about the carbon impact of blockchain technology and bring awareness to the environmental costs of Times Square billboards.

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Vidéos

Ethereum Merge Pushed Back: What to Expect

Galaxy Digital’s Christine Kim discusses Ethereum’s highly anticipated merge to proof-of-stake following a statement from core developer Tim Beiko that it will not be delivered in June. Kim explains the complexity of this shift, how it will reduce Ethereum’s energy consumption and the impact it could have on investors and traders.

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Vidéos

Ethereum Merge Won’t Happen in June

Ethereum core developer Tim Beiko recently confirmed via Twitter that the protocol's highly anticipated merge to proof-of-stake consensus mechanism will not happen in June and could be pushed back until the fall. “The Hash” group discusses the complexity of Ethereum’s transition away from proof-of-work, with co-host Will Foxley describing it as “swapping airplane engines while you’re in flight.”

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Vidéos

Will Banks Adapt to a DeFi Future?

CoinDesk Contributor and Ernst & Young Principal Global Innovation leader Paul Brody discusses the future of the banking industry as decentralized finance (DeFi) continues to grow, drawing on historical comparisons such as how telephone companies adapted to the rise of smartphones and apps. Plus, a conversation about the highly anticipated Ethereum merge to proof-of-stake.

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