For years now you’ve likely seen and heard how blockchain and its associated technologies are bad for the environment.
But without a central authority to act as a final arbiter, how do you ensure that nobody manipulates the blockchain? One answer is using Proof of Work (PoW). What is Proof of Work? PoW is a ...
The US Securities and Exchange Commission’s Division of Corporation Finance has clarified its views on proof-of-work mining, ...
The US SEC clarifies that Proof-of-Work crypto mining is not a securities offering, boosting Bitcoin miners like MARA ...
The SEC's Division of Corporation Finance issued a statement clarifying its stance on proof-of-work mining. The regulator ...
The Division’s statement specifically addresses the mining of crypto assets that are intrinsically linked to the programmatic functioning of a ...
Division of Corporation Finance issued a significant statement yesterday that certain proof-of-work (PoW) mining activities do not constitute securities offerings under federal securities laws. This ...
Nowadays, however, specialized expensive gear is needed to mine leading proof-of-work tokens. Much of mining is now done by large, well-financed pools, which has cut out the general public from ...
declared that both solo proof-of-work crypto mining and pooled proof-of-work crypto mining do not meet the definition of a securities transaction under the Howey Test — the legal framework used ...