# Proof-of-Work Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Proof-of-Work", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Major Zcash Cryptocurrency Miner Opens New Farm in Nebraska

Major Zcash miner Fortitude has opened a new mining farm in Nebraska, expecting to slash its direct mining costs per ZEC coin from $70 to $40. This forecast depends on successful equipment deployment, stable power supply, and minimal market volatility. Zcash currently trades at $462 with a market cap of $7.7 billion. The projected savings are attributed to lower electricity costs, secured at about $0.045 per kWh, and next-generation, more efficient mining hardware. The facility's location near two solar farms and a substation with excess capacity allows for load interruption during peak grid times to further reduce costs. Established in January 2025 as a Foundry (Digital Currency Group) project, Fortitude practices venture mining, reinvesting all profits into new equipment and infrastructure. CEO Andrea Childs stated that while Bitcoin's mining economy is mature and saturated, Zcash is at a different developmental stage, presenting a growth opportunity. Controlling owned sites helps manage electricity costs directly amid increasing competition for power. In a related development, Zcash developers pledged in May to offer quantum-attack-resistant wallets within a month and to fully transition to post-quantum cryptography by the end of 2027.

cryptonews.ru07/28 18:35

Major Zcash Cryptocurrency Miner Opens New Farm in Nebraska

cryptonews.ru07/28 18:35

US Military Is Running A Bitcoin Node, Four-Star Admiral Reveals

US military is operating a Bitcoin node for cybersecurity experiments and network monitoring, not for financial purposes, according to Admiral Samuel Paparo, commander of US Indo-Pacific Command. During a House Armed Services Committee hearing, Paparo emphasized Bitcoin's value as a computer science tool for power projection and securing networks. He highlighted the protocol's combination of proof-of-work, blockchain, and cryptography as having direct national security implications. The military's interest lies in Bitcoin's technological applications rather than its economic aspects, viewing it as a strategic protocol for cybersecurity and digital property protection.

bitcoinist04/24 03:01

US Military Is Running A Bitcoin Node, Four-Star Admiral Reveals

bitcoinist04/24 03:01

US Military Confirms Running Bitcoin Node, Four-Star General Calls It a 'Power Projection Tool'

U.S. Indo-Pacific Command (INDOPACOM) Commander Admiral Samuel Paparo has confirmed that the military command is operating a Bitcoin network node and conducting cybersecurity tests using the protocol. In testimonies before the Senate and House Armed Services Committees, Paparo characterized Bitcoin not as a financial asset but as a "computer science tool" and a "tool of national power." He emphasized its value in cybersecurity, particularly the proof-of-work mechanism, which imposes physical costs on attackers and can be applied in both offensive and defensive cyber operations. This marks a significant shift in the Pentagon’s narrative, moving from targeting illicit finance to recognizing Bitcoin as a technology with national security implications. INDOPACOM is not mining Bitcoin but is using the node for monitoring and operational testing. The move signals the U.S. military’s direct participation in the Bitcoin network and reflects growing geopolitical interest in the protocol’s strategic potential.

marsbit04/23 04:40

US Military Confirms Running Bitcoin Node, Four-Star General Calls It a 'Power Projection Tool'

marsbit04/23 04:40

Qubic Sets April 1 Start Date For Dogecoin Attack

Qubic has announced it will launch its Dogecoin mining initiative on April 1, 2026, as part of a broader strategy to integrate external proof-of-work into its decentralized compute network. The project aims to use Dogecoin ASIC mining to strengthen QUBIC tokenomics by selling mined DOGE to buy and burn QUBIC, making it deflationary. The effort also serves as a real-world stress test for Qubic’s Oracle Machines, which validate mining shares through a Byzantine fault-tolerant system. This follows Qubic’s earlier controversial campaign against Monero, which was later reassessed as a 34% attack rather than a 51% takeover. Unlike the Monero operation, Dogecoin mining will run concurrently with Qubic’s AI training workloads, without displacing them.

bitcoinist03/23 13:01

Qubic Sets April 1 Start Date For Dogecoin Attack

bitcoinist03/23 13:01

The Truth About Bitcoin Security: Beyond Hash Power, Law is the Bottom Line

The article "The Truth About Bitcoin Security: Beyond Hash Power, Law is the Bottom Line" by Craig Wright challenges the common narrative that Bitcoin operates outside legal frameworks. It argues that the standard economic model, which assumes anonymous miners and a lawless environment, is outdated and inaccurate for large-scale transactions. Bitcoin mining is now dominated by industrialized, identifiable entities—large, publicly-listed companies and regulated mining pools—not anonymous actors. For small transactions (e.g., under a few million dollars), pure protocol security (proof-of-work) suffices, as legal action is economically unfeasible. However, for large transactions, legal and organizational mechanisms become critical. A double-spend attack by an identifiable mining pool would trigger legal consequences, including criminal charges, asset seizures, and reputational damage, making such attacks economically irrational. The mining industry’s structure—reliant on specialized ASICs, long-term capital investments, and relationships with regulated entities—creates inherent disincentives for attacks. Mining pools would face capital destruction, contributor defection, and legal sanctions if they attempted fraud. Thus, Bitcoin’s security is not solely based on computational cost but also on legal accountability and economic deterrence. The conclusion is that Bitcoin’s security relies on a dual mechanism: protocol-level security for small transactions and legal-institutional security for large ones. Law and protocol are complementary, not opposing forces. The evolution of Bitcoin’s mining industry has naturally embedded it within legal frameworks, making it more secure and robust than purely "lawless" models suggest.

marsbit03/20 01:35

The Truth About Bitcoin Security: Beyond Hash Power, Law is the Bottom Line

marsbit03/20 01:35

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