‘Unique phenomenon’: All 5B toncoins mined on PoS TON blockchain
The TON blockchain has always been proof-of-stake, while the mining of toncoin began “spontaneously and randomly” in 2020, according to the TON Foundation.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The TON blockchain has always been proof-of-stake, while the mining of toncoin began “spontaneously and randomly” in 2020, according to the TON Foundation.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Climate Change and Crypto: Ethiopia’s 75% Power Cut Tests Bitcoin Mining’s Green Pitch
In climate change crypto news, Bitcoin miners have spent years pitching hydropower as proof the network can run clean. Ethiopia ju...
Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes
In decentralized finance, “audited” is often presented as a verdict on an entire project. In practice, an audit usually covers nam...
Mexican authorities uncover illicit crypto mining operation linked to cartels
The rise in cartel-linked crypto mining highlights the evolving intersection of organized crime and digital finance, complicating...
Zcash Mining Highly Profitable: Grayscale Says Rewards Beat Bitcoin 2x
Zcash mining rewards are roughly twice Bitcoin’s per machine and four times higher per unit of electricity, Grayscale estimates. S...
Companies respond to Trump’s call for deep-sea mining ventures
The push for deep-sea mining could reshape global mineral supply chains, but it faces significant environmental and legal challeng...
Ethiopia’s Bitcoin Mining Boom Just Ran Into a Water Problem
Ethiopia has cut electricity deliveries to bitcoin miners by 75%, leaving them with just 23% of contracted power after El Niño red...