Proof-of-Stake is better than Proof-of-Work — but Ethereum’s Merge won’t fix any other problem with cryptocurrency
Proof-of-stake will still be a vast improvement over proof-of-work. In all other senses, none of this matters.
Tag: mining
Bitcoin mining in the crypto crash — the mining companies’ creative accounting
It works, until it doesn’t.
News: Québec pension fund invested in Celsius, Terra’s tax troubles, Anchor pass-through Ponzis, Wright v. McCormack trial
And the central bank that sent its hacker dick pics.
Your guide to the crypto crash — Terra UST, Bitcoin and El Salvador
Is this THE END OF CRYPTO?? We should be so lucky.
News: UST fallout, Central African Republic fallout, Coinbase Custody not safe in bankruptcy, Catalonia and Russian bitcoins
History always repeats, but only the dumb stuff.
News: Sam Bankman-Fried on DeFi ponzinomics, Grayscale ETF comments, Binance and Russia, El Salvador
You wouldn’t funge a car.
News: Facebook’s Zuck Bucks; Worldcoin wants your eyeballs; Bitcoin miners still can’t sell their coins; NFT gaming fails
“please note how they’ve taken the actual melbourne course design and just … pasted it onto the sydney image. so half the track is underwater.”
News: Crypto crime statistics, Axie Infinity hack, Kevin Roose debunked, Lightning Network speed, NFT lawsuits
I shall henceforth be calling Bitcoin mining “extreme bingo.”
News: no crypto in 401(k) retirement plans, more Bitcoin ETF rejections, NFTs on Instagram, Jamaican CBDC
“EBSA expects to conduct an investigative program aimed at plans that offer participant investments in cryptocurrencies and related products.”
News: FCA versus UK crypto, Infura sanctions on Ethereum, BitMEX Reed headed for trial, India
This is the cyberpunk future we deserved — the first NFT rugpull by a nation-state.