Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers.
Mining
Is Mining Censorship A Serious Threat To Bitcoin?
Several mining entities have attempted censorship attacks on the Bitcoin network. Does the practice pose a threat to its permissionless ethos?
B. Riley may purchase up to $100M stake in Bitcoin miner Iris Energy
Iris Energy’s filing suggested the company planned to use proceeds from the sale to fund growth initiatives including purchasing mining hardware and developing data centers.
Bitcoin mining firm Compute North files for bankruptcy, CEO resigns
Bitcoin (BTC) mining data center operator Compute North filed for Chapter 11 Bankruptcy, adding that CEO Dave Perrill resigned earlier in September.
The post Bitcoin mining firm Compute North files for bankruptcy, CEO resigns appeared first on CryptoSlate.
Zilliqa launches web3 gaming console with in-built miner and crypto wallet
Gaming-focused blockchain, Zilliqa announced that it has launched a web3 gaming console prototype with an in-built crypto miner and web3 wallet.
The post Zilliqa launches web3 gaming console with in-built miner and crypto wallet appeared first on CryptoSlate.
JPMorgan CEO calls crypto ‘decentralized Ponzi schemes’
JPMorgan CEO Jamie Dimon regards crypto as a tale of two cities, with “crypto tokens that you call currencies” on one side and “real” innovations on the other.
Biden Administration Targets Bitcoin Mining In New Report
While the report didn’t create any new regulations, it still serves as a foreboding message to bitcoin miners.
Let’s Drive The Bitcoin Bullet Train Right Through South Carolina
State representatives in South Carolina are particularly well-positioned to understand and support Bitcoin.
Ethereum vanity address exploit may be cause of Wintermute hack
The Ethereum community is reviewing the nature of the recently announced $160 million Wintermute hack and has stumbled upon a potential attack vector. One of Wintermute’s addresses has the properties of a vanity address which could be the root of the vulnerability.
The post Ethereum vanity address exploit may be cause of Wintermute hack appeared first on CryptoSlate.
Flashbots build over 82% relay blocks, adding to Ethereum centralization
BitMEX, too, highlighted the need for a complete redevelopment of Flashbots or a similar system to mitigate unforeseen complications in an era after the Merge.
Death Of GPU Mining? Popular Crypto Profits Go Into Negative As Ethereum Miners Flood Market
Mining profits of the PoW cryptos have gone into the negative following the Ethereum merge as ETH miners flood the hashrates of these other coins. Mining Profits Of Popular Proof-Of-Work Cryptos Like Ethereum Classic Crater After The Merge A couple of days ago, the much awaited ETH merge finally arrived and transitioned the network into […]
Five Factors Making Bitcoin Miners Unique Energy Consumers
Bitcoin miners are uniquely flexible energy consumers we can use as energy tools to help solve several energy problems.
The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and More
The post The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work appeared first on BTC Ethereum Crypto Currency Blog.
Ethereum Classic hashrate surges to over 200 TH/s post-Merge
Ethereum Classic is getting a fair share of the miners who can no longer mine Ethereum after its consensus mechanism was changed to proof-of-stake following completion of the Merge.
The post Ethereum Classic hashrate surges to over 200 TH/s post-Merge appeared first on CryptoSlate.
Mining Concentration In America Poses A Major Threat To Bitcoin
Blind patriotism encouraging further centralization of mining in America is a regulatory capture trap.
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