New York ceases Bitcoin mining for 2 years

In bad news for blockchain and bitcoin lovers, the New York State on Friday passed a bill to cease new permits for specific fossil fuel power plants to be utilized in Bitcoin mining. The move sets up a two-year ban on new permits for crypto mining operations that use proof-of-work (PoW) authentication methods to validate…

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ethereum

Ethereum magnificently blends to proof of stake (PoS) on Testnet

The new Proof of Work (PoW) Ethereum testnet has effectively merged in upgrading to complete Proof of Stake (PoS).  During a live stream of the event, developers affirmed that nodes were taking guidelines from an RPC call, the stakers, instead of the miners. The Geth node will offer some green text to say as much,…

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