The SEC looked favorably on designated crypto mining activities by stating that such activities are not securities. Specifically, the SEC addressed “proof-of-work” activities. According to the SEC, ...
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The SEC’s Division of Corporation Finance (the Division) has released a statement expressing its view that certain proof-of-work network mining activities do not involve the offer and sale of ...
The report discusses bitcoin’s energy use and its negative effects on the environment while suggesting possible executive action in the future. Per President Biden’s executive order, the White House ...
The top-10 mining pools have roughly 191 EH directed between them. They mine the majority of blocks. That means for Slushpool (9 EH), it takes the work of almost 100,000 S19s. The amount of work that ...
The ongoing debate over Bitcoin mining's high environmental footprint has catalyzed legislators in New York to consider banning proof-of-work (PoW) mining for two years. In an upcoming bill, New York ...
This week, the New York State Assembly passed legislation imposing a two-year moratorium on Bitcoin mining powered by fossil fuels. The bill prohibits fossil fuel permits for crypto-mining relying on ...
Proof of Work (PoW) is a consensus mechanism where miners use computing and compete to solve mathematical puzzles. When a puzzle is solved, transaction data is validated and added to the network, and ...
This is an opinion editorial by Aaron Daniel, an appellate attorney and author of The Bitcoin Brief legal research newsletter. New York’s legislative assembly passed Bill No. A07389 on June 2, 2022, ...
The New York State Senate passed a bill targeting proof-of-work (PoW) mining early Friday morning in an effort to address some of the environmental concerns about cryptocurrencies. The bill, which was ...
Per President Biden’s executive order, the White House Office of Science and Technology submitted its report on bitcoin mining’s climate impact. The report alludes to possible executive orders and ...