Sweden, EU Discussed Bitcoin Proof-of-Work Ban: Report

2022-4-21 14:29

Documents released by German site suggest ongoing concern about the environmental impact of proof-of-work technology.

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proof-of-work concern ongoing suggest environmental technology impact

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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.

2018-7-14 01:04