Tag: PoW

The European Union (EU) released a package of documents related to an action plan for implementing the European Green Deal and the REPowerEU Plan, which aim at energy savings by digitalizing the energy sector. In place of PoW mining, the EU plans to increase the Proof of Stake (PoS) concentration in the bloc. According to…

A fraternity-based approach to mine crypto, mining pools let miners combine their computational resources for a better chance to win rewards — describes Murtuza Merchant on Cointelegraph. In the early days of Bitcoin (BTC), crypto enthusiasts only required a basic personal computer with an internet connection to generate new BTC tokens through a distributed computing…

Investors should take note of some of Ethereum’s core traits that just changed — Christopher Robbins describes them on CoinDesk. Ethereum has been getting ready to “merge,” creating temporary disruptions in some crypto trading and potentially new opportunities for investors. Now the Merge has finally happened. But what does it really mean? In simple but…

ETHPoW, a fork of the proof-of-work Ethereum blockchain, was down over 61% in 24 hours following The Merge. Meanwhile, Grayscale Investments said to an SEC it has the rights to ETHPoW tokens due to The Merge. The native token of EthereumPoW, a proof-of-work hardfork of the Ethereum blockchain, was trading down over 60% on Sept….

Ethereum’s Bellatrix upgrade was successful Ethereum’s Merge came closer last week with its Bellatrix upgrade going live on Sept. 6. Bellatrix is the final step before the Ethereum blockchain switches to a proof-of-stake consensus model from its current proof-of-work model. The Bellatrix upgrade prepares Ethereum’s proof-of-stake Beacon Chain for The Merge with its mainnet Execution…

Ethereum token’s price rises as it is moving closer to long-awaited the Merge upgrade. Meanwhile, part of the community led by the prominent miner intends to resist the upcoming shift to ETH 2.0 and create a new, parallel network and cryptocurrency ETHW to preserve the existing Proof-of-Work method and ETH mining. However, Ethereum co-founder Vitalik…