If proof-of-work distributes objective consensus to miners outside of the network, proof-of-stake consolidates power to a subjective, in-network minority.
Triall's latest announcement highlights how useful blockchain technology can be in processing and timestamping immutable data records to benefit areas like public health.
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.
The United States Committee on Energy and Commerce recently sent letters to four digital currency miners aiming to look for more information on PoW mining and its impact on the environment.
BSV Blockchain’s Public Policy Director Bryan Daugherty sees potential harm in the growth of scalable blockchain enterprises due to policymakers acting hastily in creating bills and amendments to address it.
The minister believes that as power becomes scarcer in Sweden, the country may have to make difficult choices, and BTC miners could be among the casualties.
Six U.S. lawmakers have written a letter to the EPA and the DOE arguing that U.S.-based mining operations should be required to report their emissions and energy use.
The regulation introduces guidelines for the mining, commercialization, intermediation, exchange, custody, and administration of digital assets or instruments that allow control over digital assets.
The heat wave in Texas is setting new records, leading to a spike in electricity demand by the residents, and BTC miners have to take a back seat.
The guidelines set out definitions of digital currency terms, it also spelled out requirements and conditions for obtaining a mining permit and how the NAPP reached its decision to grant it.
White Rock says that the new facility will rely on by-product natural gas from active oil wells located onsite, recycling 82m cubic feet of gas per megawatt.