Proof-of-work News

Proof-of-stake works through the concept of staking, which means locking up your tokens into a smart contract on the blockchain. In return, you become a validator to verify transactions and earn rewards. Here is everything you need to know about how…

The UK-based company's PEGA Pool Bitcoin mining platform is on a mission to reduce Bitcoin mining's carbon footprint to create a more sustainable and eco-friendly industry. 

As Twitter Spam rate drops 50%, Elon Musk's DOGE has continued to thrive, hitting new user records.

Genesis Digital Assets is launching a new 40-megawatt capacity Bitcoin (BTC) mining data center in Glasscock county, Texas.

In the current blockchain world, there are specific cryptocurrencies whose blockchains employ the Proof-of-Stake (PoS) consensus process. Instead of considering how many extracting machines a person has, this method chooses transactional validators, or those who willingly help add new data…

Developers in blockchain technology have frequently undergone attacks from white caped hackers who would like to benefit themselves. This has been a severe problem since Satoshi Nakamoto introduced the technology in 2008. These programmers have devised new ways of securing…

The recent migration by major crypto networks like Ethereum from the traditional PoW to modern PoS validation protocols informs the positive attitude evident in the market. Many experts predict that this shift spells not only good fortunes for investors due…

The number of Ethereum validators has sharply increased to over 435,000 less than two weeks after the smart contracting platform Merged.

It has emerged that the Ethereum Proof-of-Work (ETHPoW) network on Sunday suffered what was thought to be a replay attack after exploiters replayed calldata from the Proof-of-Stake (PoS) chain onto the PoW network. Attackers Steal 200 Wrapped Ethereum The attack…

Ethereum finally switched to a proof of stake system (PoS). Is this consensus style the future and will it reduce the industry's carbon emissions?

Grayscale has announced the distribution of Ethereum Proof of Work tokens to shareholders who possess ETHW and GDLC.

MicroStrategy’s Michael Saylor has revealed via a blog post that contrary to what critics of proof-of-work (PoW) algorithms say, Bitcoin (BTC) mining is the most efficient, cleanest, industrial use of electricity. Saylor says Bitcoin’s energy efficiency growth currently dwarfs that…

After the long-awaited Merge, there was a massive surge in Ethereum Classic’s hash rate as miners switched operations to other blockchains. Post Merge Triggers Rising Hash Rates The proof-of-work (PoW)-based blockchain protocol, Ethereum Classic, has recorded a surge in its…

OpenSea stated in a tweet that it is planning for a smooth transition to ETH 2.0, but that it will require monitoring, handling, and interaction. Upon the completion of The Merge, OpenSea intends to allow non-fungible tokens built on Ethereum’s…

The crypto space has undergone many changes in key areas in the last five years. The changes have seen the space develop new and more efficient technologies that have further streamlined the digital transition. Proof-of-Stake is one such development regarded…

Analysts believe around September 15–16, Ethereum (ETH) is scheduled to switch from a proof-of-work (PoW) network to a proof-of-stake (PoS) chain. Increase in Market Share of Ethereum According to a tweet from one of cryptocurrency’s most recognizable figures, Ethereum co-founder…