Bitcoin’s stupendous power waste is green, apparently — bad excuses for Proof-of-Work
Did you know that Bitcoin using 0.1% of all the electricity on earth, and 0.5% by the end of the year, is actually good? Huge if true.
Tag: ethereum
Ethereum Casper proof-of-stake only has to work well enough: Worse is Better in action
Casper is the new “proof-of-stake” system for Ethereum. It doesn’t have to work well enough for the ideologues — it just has to work well enough for the market.
News: UK Treasury Digital Currencies Inquiry, Ethereum as a security, Bitcoin Cash, mining for charity
The first spoken evidence session from the Treasury’s Digital Currencies Inquiry is a blinder.
News: IOTA cultists, Ethereum as security, exchange regulation and market manipulation, Wikipedia
IOTA’s fan base are remarkable. Also: crypto market manipulation, and good pieces on Mt. Gox and Sergei Mavrodi.
News: 14,000 CryptoKitties to kill Ethereum, history of Earn.com’s PiTato, ransomware, cryptographers on cryptocurrency
Also: I need titles for the sequel to Attack of the 50 Foot Blockchain!
News: UK Parliament Inquiry Friday, Monero and Ethereum vs ASICs, Bitfinex and Poland, Ripple tries to buy XRP onto exchanges
Get your UK Parliamentary submission in without delay!
News: don’t pay ransomware, China, Japan, ICO plagiarism, fake exchange volume, cryptid-currency
Plus some good recent opinion pieces, and book news.
News: NiceHash, credit cards cut off cryptos, Ethereum predictable “random” numbers, deanonymising Tor, Bail Bloc
With nice writeups of my book and related books.
Notes from the crash: watching the Bitcoin pumps and dumps live on GDAX
If you know what you’re looking at, the GDAX depth chart is absolutely gripping. It’s like an action thriller movie for very dull people. If you ever wondered why I don’t trade in cryptos …
UNICEF tries the “mine cryptos for charity” trick, makes repeated false claims along the way
UNICEF is trying the same terrible idea that Bail Bloc tried to pump Monero with. This time it’s for refugees in Syria, and they want you to mine Ethereum. Please just donate directly.