NYC Mayor Eric Adams speaks out against PoW mining ban legislation

NYC Mayor Eric Adams speaks out against PoW mining ban legislation

New York City’s Mayor Eric Adams spoke out on Monday, June 13, against a bill just one step away from effectively banning Bitcoin mining in the state…

Climate-Advocate CFTC Chair Wants To Change Bitcoin

Climate-Advocate CFTC Chair Wants To Change Bitcoin

Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam seemingly wants to leverage its probable future position as watchdog of the Bitcoin market to encourage a reduction of…

New York Senate Passes New Bitcoin POW Mining Moratorium

New York Senate Passes New Bitcoin POW Mining Moratorium

Regulation News The New York Senate passed a bill that targets proof of-work (PoW) mining. The new bill will impose a two-year moratorium on any new PoW…

Proof Of Work Vs. Proof Of Stake: Why Bitcoin Won’t Change

Proof Of Work Vs. Proof Of Stake: Why Bitcoin Won’t Change

Bitcoin’s consensus mechanism, proof of work (PoW), tends to bring about divisive opinions in society. While some argue it is a core aspect of Bitcoin’s success, others…

FACT0RN Blockchain: Integer Factorization as Proof-of-Work (PoW) | by Coinbase | May, 2022

FACT0RN Blockchain: Integer Factorization as Proof-of-Work (PoW) | by Coinbase | May, 2022

Tl;dr: This report updates on what FACT0RN Blockchain, a Coinbase Crypto Community Fund grant recipient, has been working on to replace PoW hashing by work that is…