Luxor Begins Ethereum Mining Pool as Proof-of-Stake Shift Looms – CoinDesk

In current months, the PoW consensus mechanism has acquired scrutiny by lawmakers globally for its power consumption. Most just lately, the U.S. held a congressional listening to to debate the power consumption associated to the PoW. In the meantime, the EU markets regulator called for a ban on the validation system, citing its power depth.