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Proof-of-Work
EU's MiCA Bill Moves Forward Without Bitcoin Limiting Provision
The EU's landmark legislative package for governing crypto assets is moving on to the next stage of negotiations without the divisive provision seeking to restrict the use of proof-of-work crypto.
Why Crypto Mining Actually Matters
Ideological arguments over proof-of-work and proof-of-stake miss the larger point: Mining means the production of objective truth, says futurist Dan Jeffries. This post is part of CoinDesk's Mining Week.
New York State Assembly Committee Moves Forward With Bitcoin Mining Ban
The Environmental Conservation Committee of the New York State Assembly voted in favor of a bill that would ban proof-of-work (PoW) cryptocurrency mining for two years due to energy consumption concerns. “The Hash” hosts discuss the growing politicization of bitcoin and possible ways for the mining industry to respond.
Renewable Crypto Mining in the Italian Alps
As part of CoinDesk’s Mining Week content, Regulatory Reporter for Europe Sandali Handagama explains how crypto mining firms like the Alps Blockchain are using renewable hydropower in the mountainous regions of Italy. Handagama addresses the broader narrative of eco-friendly mining and the debate in the European Parliament on proof-of-work.
MiCA Could Still Be Delayed by EU Parliamentarians Over Proof-of-Work Provision
EU parliamentarians that supported the controversial provision seeking to limit proof-of-work crypto could make one last stand if the MiCA draft goes for a full parliamentary vote.
Can Lasers Make Bitcoin Mining More Eco Friendly?
As part of CoinDesk’s Mining Week coverage, CoinDesk’s George Kaloudis presents a study suggesting that lasers could be used to create an “optical proof-of-work” consensus, potentially increasing the accessibility of mining and reducing energy consumption.
Bitcoin Mining Ban Bill Makes It Out of New York State Assembly Committee
The legislation aims to put in place a two-year moratorium on the kind of crypto mining used to secure the Bitcoin network.
Why Some Bitcoin Devs Say Lasers Can Cut Mining’s Energy Costs
“Optical proof-of-work” would improve geographic distribution of hashrate and quell fears of climate-related pushback, proponents argue.
EU Parliament Rejects Proposal Limiting Proof-of-Work Mining
The European Parliament has voted against a proposed rule that would have banned proof-of-work mining of cryptocurrencies like bitcoin across the European Union (EU). Patrick Hansen, head of Strategy and Business Development at Unstoppable Finance, discusses what this means for the state of crypto affairs in Europe and the world.
