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Valkyrie Exec. Unpacks House Hearing on Energy Impacts of Blockchains
Valkyrie Chief Investment Officer Steven McClurg discusses his reactions to Thursday's House Energy and Commerce Committee hearing on the energy use of crypto mining. Plus, thoughts on the threat of a 51% attack on Bitcoin, criticisms about proof-of-work mining, and a wider outlook for the mining industry.
EU Markets Regulator Reportedly Calls for Ban on Proof-of-Work Crypto Mining
Energy-intensive proof-of-work crypto mining should be banned in the European Union (EU), according to the vice chair of the European Securities and Markets Authority (ESMA) Erik Thedéen. “The Hash” panel discusses the differences between proof-of-work and proof-of-stake mining following the latest bitcoin energy debate.
Proof-of-Work vs. Proof-of-Stake: What’s the Difference?
Breaking down the differences between bitcoin’s proof-of-work system and ethereum’s proof-of-stake system as part of a larger conversation about which cryptocurrency will dominate the blockchain space.
Bitcoin’s Environmental Challenge: Proof-of-Stake vs. Proof-of-Work
Tesla’s decision to stop accepting bitcoin payments due to environmental concerns has reignited the bitcoin energy debate. Will the proof-of-stake network be better for the planet? John Wu of Ava Labs weighs in on the debate and discusses Avalanche, a proof-of-stake blockchain that Wu sees as a complementary to Ethereum.
