Proof-of-Work

New York State Assembly Committee Moves Forward With Bitcoin Mining Ban
New York State Assembly Committee Moves Forward With Bitcoin Mining Ban
The Environmental Conservation Committee of the New York State Assembly voted in favor of a bill that would ban proof-of-work (PoW) cryptocurrency mining for two years due to...
New York State Assembly Committee Moves Forward With Bitcoin Mining Ban

Renewable Crypto Mining in the Italian Alps
Renewable Crypto Mining in the Italian Alps
As part of CoinDesk’s Mining Week content, Regulatory Reporter for Europe Sandali Handagama explains how crypto mining firms like the Alps Blockchain are using renewable hydro...
Renewable Crypto Mining in the Italian Alps

European legislators must agree on a negotiating mandate for MiCA, the EU's proposed regulatory framework for crypto assets. (Rachele Rossi/Getty)
MiCA Could Still Be Delayed by EU Parliamentarians Over Proof-of-Work Provision
EU parliamentarians that supported the controversial provision seeking to limit proof-of-work crypto could make one last stand if the MiCA draft goes for a full parliamentary...
European legislators must agree on a negotiating mandate for MiCA, the EU's proposed regulatory framework for crypto assets. (Rachele Rossi/Getty)

Can Lasers Make Bitcoin Mining More Eco Friendly?
Can Lasers Make Bitcoin Mining More Eco Friendly?
As part of CoinDesk’s Mining Week coverage, CoinDesk’s George Kaloudis presents a study suggesting that lasers could be used to create an “optical proof-of-work” consensus, po...
Can Lasers Make Bitcoin Mining More Eco Friendly?

Coinmint's bitcoin mine in Massena, New York, pictured in 2020. (Prieur Leary)
Bitcoin Mining Ban Bill Makes It Out of New York State Assembly Committee
The legislation aims to put in place a two-year moratorium on the kind of crypto mining used to secure the Bitcoin network.
Coinmint's bitcoin mine in Massena, New York, pictured in 2020. (Prieur Leary)

Lasers have shown promise in making computation more efficient. Plus, optical computation would fit the “laser eyes” meme popular among bitcoiners. (Illustration: Yunha Lee)
Why Some Bitcoin Devs Say Lasers Can Cut Mining’s Energy Costs
“Optical proof-of-work” would improve geographic distribution of hashrate and quell fears of climate-related pushback, proponents argue.
Lasers have shown promise in making computation more efficient. Plus, optical computation would fit the “laser eyes” meme popular among bitcoiners. (Illustration: Yunha Lee)

EU Parliament Rejects Proposal Limiting Proof-of-Work Mining
EU Parliament Rejects Proposal Limiting Proof-of-Work Mining
The European Parliament has voted against a proposed rule that would have banned proof-of-work mining of cryptocurrencies like bitcoin across the European Union (EU). Patrick...
EU Parliament Rejects Proposal Limiting Proof-of-Work Mining

(titoOnz/Getty Images, modified by CoinDesk)
The EU’s Near Miss on a Proof-of-Work Ban
What today’s vote in the European Union Parliament means for Bitcoin.
(titoOnz/Getty Images, modified by CoinDesk)

Swan Bitcoin CEO on EU Bitcoin Bill, Usage of Crypto Amid Russia-Ukraine Conflict
Swan Bitcoin CEO on EU Bitcoin Bill, Usage of Crypto Amid Russia-Ukraine Conflict
Cory Klippsten, Swan Bitcoin CEO, joins “All About Bitcoin” to discuss a recently rejected proposal in the European Parliament that sought to limit proof-of-work mining due to...
Swan Bitcoin CEO on EU Bitcoin Bill, Usage of Crypto Amid Russia-Ukraine Conflict

(Getty Images)
EU's Sweeping Crypto Regulations Package One Step Closer to Ratification
The proposed MiCA framework was voted through without a contentious provision seeking to limit the use of proof-of-work crypto.
(Getty Images)