-
The Bitcoin Letters: Energy efficiency in Bitcoin mining
One of the key sections of the book is Bitcoin’s energy usage, which has been a widely debated issue in recent years due to its Proof-of-Work (PoW) consensus mechanism. However, the current understanding of PoW is limited as it only considers miner economics, ignoring the transactional throughput of the network.
-
Banning Proof of Work? – BSV blockchain solves the EU’s concerns about energy efficiency
The EU has decided not to ban Proof of Work. While Bitcoin’s inability to scale persists – BSV blockchain has already solved the EU’s concerns about energy efficiency.