GeneralBeginnerBoth are consensus mechanisms that decide who adds the next block without a central authority. Proof of work spends real-world energy on a hashing puzzle (Bitcoin); proof of stake locks up coins that can be slashed (Ethereum since 2022).
#consensus#mining#staking
GeneralBeginnerDePIN networks use tokens to get people to run real hardware like hotspots, storage and GPUs. Contributors earn token emissions plus usage fees once the network can verify their work, often via burn-and-mint models.
#basics#mining#tokens
BitcoinBeginnerEvery 210,000 blocks, about every four years, Bitcoin's new-coin subsidy to miners halves, capping supply just under 21 million. It slows issuance, squeezes miner revenue, and shifts more of the security budget onto fees.
#basics#consensus#mining
BitcoinBeginnerAgriFORCE Growing Systems, a Canadian agriculture-based tech company, has just flipped the switch on a novel energy‑to‑compute operation in Berwyn, Alberta. Through a partnership with BlueFlare Energy, they’re harnessing 425 kW of “stranded” natural gas—gas that’s usually too expensive or…
#crypto#mining
GeneralBeginnerA 35-year-old man from Ukraine’s Poltava region has been arrested for orchestrating a large-scale cryptojacking scheme, according to a June 4 statement by Ukraine’s National Police cyber division. Authorities say the suspect illegally accessed over 5,000 customer accounts of a global hosting…
#court#hackers#mining
BitcoinBeginnerJonathan Mills, the founder and CEO of the NFT project Hashling NFT and the Bitcoin mining venture Satoshi Labs (formerly Proof of Work Labs), is facing serious allegations from former business partners who claim he misappropriated millions of dollars in project funds. A lawsuit filed in Illinois…
#crypto#fraud#law
InjectiveBeginnerDeutsche Telekom’s subsidiary, Deutsche Telekom MMS, has solidified its presence in the blockchain space by becoming a validator for the Injective blockchain. This move marks a significant step in the telecommunications giant’s ongoing commitment to Web3 and decentralized technologies. By taking…
#mining
BitcoinBeginnerA groundbreaking partnership announced at Consensus Hong Kong is set to merge cryptocurrency mining operations with secure asset custody solutions. This collaboration aims to provide a comprehensive and integrated approach to digital asset management, addressing key concerns around security and…
#mining#security
GeneralBeginnerA federal judge has temporarily halted Arkansas laws aimed at foreign-owned cryptocurrency mining operations, citing possible constitutional concerns. On November 25, Chief US District Judge Kristine Baker issued a temporary restraining order (TRO) in a lawsuit involving Jones Eagle, a…
#china#court#mining
BitcoinBeginnerCryptocurrency miners operating within the Electric Reliability Council of Texas (ERCOT) region are now obligated to report their power demand to the state’s utility regulator, the Public Utility Commission of Texas (PUCT). This new rule, which was passed on November 21, 2024, aims to enhance the…
#crypto#mining
BitcoinBeginnerBIT Mining, a prominent cryptocurrency mining company, has agreed to pay a $10 million fine to settle charges related to its predecessor company’s involvement in a bribery scandal in Japan. The scandal, which occurred before BIT Mining’s current ownership, involved the bribery of Japanese…
#crypto#mining#sec