Ethereum Foundation pivots away from Poseidon in post-quantum plan

Advances in compact proofs have erased Poseidon’s previous performance advantage, according to researcher Justin Drake. The Ethereum Foundation is moving away from the Poseidon hash function in its planned post-quantum architecture, according to researcher Justin Drake.  On Thursday, Drake said the foundation was abandoning Poseidon and turning to established alternatives such as SHA or BLAKE….

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Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows

AI and HPC are reshaping mining economics as operators repurpose power and data centers, while a smaller group of miners continues to expand Bitcoin capacity. Publicly traded Bitcoin miners are cutting mining capacity faster than the Bitcoin network overall, suggesting that more operators are redirecting electricity and infrastructure toward data centers and high-performance computing (HPC),…

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