Why so many empty blocks mined on BSV? Joshua Henslee explains
In his latest YouTube videos, BSV thought leader Joshua Henslee discussed the empty blocks being mined on BSV, pointing out that this happened before during the Kleiman v Wright trial.
Latest block reward mining News
Norway weighs scrapping subsidized electricity prices for block reward miners
The Minister of Finance in Norway proposed reverting to the original power prices for BTC miners after the 2016 subsidy as the country faces an energy crisis.
Argentina’s state-owned energy firm enters block reward mining by using waste gas
YPF Luz said that its role would be to supply energy to the unnamed mining giant, and had begun building a 1 megawatt (MW) plant in the heat of Vaca Muerta.
Russia to allow block reward mining, but only in energy-rich regions
A new bill set to be tabled in parliament will relegate BTC mining to regions with hydroelectric and nuclear power energy and ban it from regions like Moscow.
China’s Gansu province warns against BTC mining in national data centers
The province has been cracking down on block reward miners for the past year and issued the warning amid mega data center construction in Western China.
Compute North files for Chapter 11 bankruptcy with $500M in debt
Compute North operates data centers for miners, including Marathon Digital and Hive Blockchain, but a $300 million loan has made it the latest bear market casualty.
Proof-of-stake is proof of misunderstanding
If proof-of-work distributes objective consensus to miners outside of the network, proof-of-stake consolidates power to a subjective, in-network minority.
‘We mine BSV quietly’: Kurt Wuckert Jr. crashes Mining Disrupt 2022
Block reward miners have never faced more challenges than they currently do, but they still flocked to Miami for Mining Disrupt 2022, and so did Kurt.
Embattled Compass Mining shuts down Georgia facilities after 50% energy price hike
Compass, which recently laid off 15% of its staff and slashed executives’ salaries by 50%, will relocate its mining rigs to Texas, where it has faced energy issues too.
Georgia drafts new laws to keep up with EU digital asset regulations standards
Georgia is overhauling its financial sector with new laws aimed at tackling money laundering and terrorist financing while working on its ambition to become a digital assets hub.
Paraguay President Mario Abdo Benitez rejects block reward mining bill
The president has vetoed the bill, which sought to recognize mining and treat it like an industrial activity with its power tariff 15% above the household tariff.
Switching to PoS–Ethereum’s predicted corruption
Proof-of-Work is the only way to prevent corruption, but if you continue to argue that Bitcoin is wasteful and not green, it’s because BTC has misled you.