Tag: Tech

Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use

Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use Three researchers have published a paper at Cornell University’s arxiv.org proposing a system called Optical Proof of Work (OPOW) to potentially be employed in Bitcoin mining. According to the paper, “heavy reliance on electricity has created scalability issues, environmental concerns, and […]

How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra

How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming […]