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New York Suggests Two-Year Moratorium on Crypto Mining

The state of New York has introduced a new bill that if passed, would officially end all future proof of work (PoW) mining operations that want to call the Empire State home. New York Could End Crypto Mining for a While Right now, the bill is being discussed by the New York State Assembly in Albany, the region’s capital. The bill calls for a moratorium of not less than two years on all crypto mining operations within the state’s borders. The idea is to further study the...

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Meta Files “Meta Pay” Trademark Applications Hinting at Cryptocurrency Services

Meta Platforms Inc. – the owner of the Meta (formerly Facebook) brand – filed for five trademark applications on Friday under the name of “Meta Pay”. They appear to be dedicated to a new digital payments platform that will integrate various cryptocurrency and blockchain-related products. Examining “Meta Pay” According to the applications filed on May 13th, Meta Pay is described as an “online social investment network.” It will allow users to conduct trades using digital...

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An Anime Action Adventure: YOANN.IO Seed Sale on KICK.IO

Metaverses are here, and they are the next generation of gaming. That’s why KICK.IO launchpad is excited to be hosting the public sale of YOANN.IO, an Anime Action Adventure. YOANN.IO empowers players to go on exciting adventures, interact with other players, as well as earn passive income from the marketplace. Within the exciting anime multiverse environment, you may choose to roam solo, with an AI, or with friends – completing multi-level quests and earning exciting...

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China Emerges as Leading Bitcoin Mining Hub a Year After Crackdown: Cambridge Data

China outlawed Bitcoin mining last May. Exactly a year later, the country has re-emerged as the leading venue for mining operations. A new study revealed underground mining activity in the country had catapulted it to second place globally in terms of installed mining capacity. China’s Apparent Comeback Cambridge Centre for Alternative Finance (CCAF) reported the surprising resurgence and further stated that China currently dominates with a 21.11% market share just behind the...

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Jack Dorsey Responds to SBF’s Comments on Bitcoin Scaling and Proof of Work

Jack Dorsey was not pleased with FTX CEO Sam Bankman Fried (SBF)’s recent criticisms of Bitcoin’s viability as a payments system. The Block Head confronted him yesterday over his failure to acknowledge the lightning network and provided defense for the necessity of mining. SBF’s Interview The conflict began when SBF responded to some backlash over his comments about Bitcoin in an interview with the Financial Times. While he stood by his claim that Bitcoin cannot sustain high...

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Bitpanda führt Staking ein!

Ist Staking das neue Mining? Als Krypto-Börse geniesst Bitpanda grösstes Vertrauen bei seinen Nutzern. Jetzt können Anleger Bitcoin und Co staken und dadurch passiv Geld verdienen. Dies ist insbesondere dann interessant, wenn die Kurse fallen. Wer möchte, kann bis zu 27 % effektiven Jahreszins einheimsen und so sein Geld für sich arbeiten lassen. Dabei darf man sich auf wöchentliche Auszahlungen freuen – ohne Lock-in. Mit diesem neuen Feature...

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Replay : Gagnez des BTC en chauffant votre habitation

Intervention d’Alexandre Vinot, cofondateur de WiseMining, lors du second Paris P2P Festival qui s’est déroulé du 27 avril au 1 mai 2022 à l’espace Ground Control. « Pourquoi il est important de continuer à décentraliser la sécurisation de Bitcoin ? Comment permettre au grand public de participer à la sécurité du réseau, tout en créant de nouveaux incitatifs à cela ? » Réalisation : Samouraï TV pour Paris P2P (CC BY-NC-SA 4.0) Pour soutenir l’indépendance du festival, et...

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Dorsey, Saylor and Others Pen Letter Claiming Crypto Mining Isn’t Damaging the Planet

Several bitcoin advocates – including Jack Dorsey of Twitter fame, Tom Lee from Fundstrat, and Michael Saylor (the CEO of MicroStrategy) – have penned a letter to congressional democrats who are asking that the Environmental Protection Agency (EPA) examine the effects of crypto mining on the planet. Crypto Mining Isn’t the Monster Everyone Thinks It Is The letter is aimed at getting these democrats to rescind their order to have the agency look at the emissions of said...

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Russian Crypto Miner Considers Suing US Authorities for Imposed Sanctions

BitRiver –  Russia’s largest data center services provider – is pondering over filing a lawsuit against the US Treasury Department for adding the company to the sanction list last month. Besides, the firm accused the US of breaching WTO rules through the act of promoting unfair competition and lobbying for the US mining industry. BitRiver Called US Accusations “Unfounded and Untrue” According to its press release, BitRiver argued that it is a 100% private company with no...

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President Bukele Shows Plans of Proposed Ambitious Bitcoin City

President Nayib Bukele of El Salvador has unveiled development plans for the country’s planned Bitcoin City shortly after the nation made its latest BTC purchase. Bukele Moving Ahead With Bitcoin City Project The El Salvadoran President showed pictures of the architectural model via a Twitter thread, saying, the “City is coming along beautifully.” While details were sparse, with no mention of a completion date, the leader of the Central American country noted that the city...

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