Vitalik Buterin downplays Ethereum PoW forks, Chainlink backs PoS switch

Ethereum founder Vitalik Buterin has downplayed the impact of Proof of Work (PoW) forks of the leading smart contract platform. Chainlink, meanwhile, has confirmed it will not support any such forks.

Bitcoin pioneered the PoW consensus that was adopted by Ethereum. PoW is energy-intensive, requiring increasingly powerful computers to validate transactions to earn blockchain rewards. Some lawmakers in several regions are even talking about banning PoW blockchains.

Proof...

8 August 2022 | Altcoins

Crypto mining firm HIVE confirms NASDAQ listing

A coal mine shaft.

HIVE Blockchain Technologies has received approval from the Nasdaq Stock Market to list its common shares on the Nasdaq's Capital Markets Exchange. 

HIVE went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. The company will retain its listing on the Toronto Stock Venture Exchange (TSX.V).

HIVE describes itself as a growth-oriented company in an emergent industry. 

A spokesperson for the company said: “We...

22 June 2021 | Cryptocurrency

Daymak Spiritus will be world’s first electric car to mine cryptocurrency while parked

Daymak crypto mining platform.

Daymak, a light electric vehicles (LEVs) manufacturer, has revealed its upcoming Spiritus electric car will include Daymak Nebula, Daymak’s patent-pending cryptocurrency infrastructure. 

The Spiritus, launching in 2023, is the electric car offering in the Daymak Avvenire series, a lineup of EVs spanning e-bikes all the way up to flying electric vehicles.

Daymak is accepting Spiritus pre-order payments in a multitude of cryptocurrencies including Doge, Ethereum,...

3 June 2021 | Bitcoin