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Due to increased energy costs, the European Parliament put to a vote the issue of banning cryptocurrencies

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In 2021, mining cryptocurrencies (receiving digital coins for performing calculations necessary to operate the cryptocurrency network) was criticized by a number of prominent figures in the world community for the fact that it consumes a huge amount of electricity.

Suffice it to recall the case with Tesla: the company temporarily refused to sell its cars for bitcoins “for environmental reasons”, although before that Elon Musk actively promoted this method as the simplest and most promising.

It all started with the your Twitter programmer Stephen Diehl has detailed his vision that the creation of digital currencies entails large environmental costs.

Due to increased energy costs the European Parliament put to

“… do not forget that the damage to the environment is so great that Greta Thunberg sobs from the useless waste of resources.”

And, now, after almost a year, the European Union (EU) has submitted for discussion a ban on the circulation of cryptocurrencies with the “proof-of-work” (PoW) mechanism. It is in this way that Bitcoin and Ethereum are “mined”.

According to the EU, “…PoW is an unnecessarily energy-intensive consensus mechanism that underpins popular cryptocurrencies such as bitcoin (BTC) and ether (ETH).” The computing process has come under scrutiny from lawmakers in the EU due to energy concerns that have emerged in recent months.

Due to increased energy costs the European Parliament put to European Parliament

The draft legislative framework proposed by the European Union for the regulation of virtual currencies, markets for crypto assets (MiCA), assumed a complete ban on the use of cryptocurrencies and crypto services obtained by the PoW method from January 2025.

The EU MP in charge of the MiCA legislative framework, Stefan Berger, said at the time that the paragraph in question had been removed, but no final decision had yet been made.

While there are plans to move Ethereum from proof-of-work to a less energy-intensive consensus mechanism called proof-of-stake, it’s not clear how technically bitcoin, the world’s largest cryptocurrency by trading volume, can move away from proof-of-work.

So while there has been a huge push towards renewable energy in bitcoin mining lately, the industry is still very dependent on traditional energy sources, making the cryptocurrency potentially vulnerable to a stronger supply.

The crypto community has been quick to respond, with some urging EU citizens to contact their parliamentarians to oppose the measure.

Ledger, a provider of crypto hardware wallets, released a statement stating:

Individuals and organizations should be free to choose the technology that best suits their needs. Politicians should neither impose nor discriminate in favor of a particular technology. This is deeply touching and will have serious implications for Europe.

As a result of today’s vote, parliamentarians rejected the proposal to ban and limit the circulation of Bitcoin and Ethereum.

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Chinese rover goes dormant on Mars

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Chinese rover goes dormant on Mars

China’s Zhurong rover went into hibernation during a harsh winter on Mars due to cold, sand and dust storms.

Chinese rover goes dormant on Mars

The rover is solar-powered and has gone into sleep mode since May 18. Temperatures on the Red Planet, meanwhile, are around -20°C during the day and -100°C at night, according to the China Lunar Exploration Program.

China’s Tianwen-1 orbiter, which brought Zhurong to Mars last May, has also observed sand and dust storm activity over the rocker’s landing pad in Utopia Plain.

The design of the rover has several features to help withstand winter temperatures, sand and dust storms. These measures include the ability to tilt the solar panels to maximize the collection of sunlight and a special dust-proof coating on the panels.

The Chinese rover is not alone in its plight: Nasa’s InSight lander, which arrived on the Red Planet in November 2018, is also struggling to produce enough solar power to keep going. At the same time, the Nasa Curiosity and Perseverance rovers can continue their journey on the surface of Mars regardless of the time of year, since they use radioisotope thermoelectric generators.

The rover is expected to resume operations again in December, with the arrival of spring in the northern hemisphere and the end of dust storms.

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VTB online bank launched bill payment using QR codes

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VTB online bank launched bill payment using QR codes

The VTB Bank team announced the launch of a new feature in the web version of VTB Online. According to the press service, VTB was the first on the market to introduce the possibility of paying for services using QR codes in an online bank.

VTB online bank launched bill payment using QR codes

Thus, now users will be able to pay for services using a QR code without using the bank’s mobile application. The functionality is available on iOS smartphones through the Safari browser (starting from version 11), and Android smartphones through the Chrome browser (from version 57 and newer). Later, the service will start working on tablets, laptops and desktop PCs.

To pay using a QR code, the user needs to go to VTB Online through a mobile browser and select the appropriate icon in the interface, after which the device’s camera is activated to read the code. The system itself recognizes all the necessary information for payment and automatically fills in the payment order, which the client will need to check and confirm the transfer of funds to the recipient.

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Wearables

1.39-inch AMOLED screen, 150 sport modes, GPS, NFC, heart rate and SpO2 sensors, water resistance and 24 days of battery life for $225. Amazfit T-Rex 2 smartwatch introduced

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139 inch AMOLED screen 150 sport modes GPS NFC heart rate

Huami has officially unveiled the T-Rex 2 smartwatch, one of the brand’s most secure models. Thus, the device remains operational at temperatures down to -30 ° C, it can be submerged in water (10ATM, you can swim with the watch). There’s also a built-in compass, barometer, altimeter, and GPS receiver (supporting Beidou, GLONASS, Galileo, and QZSS).

1.39-inch AMOLED screen, 150 sport modes, GPS, NFC, heart rate and SpO2 sensors, water resistance and 24 days of battery life for $225.  Amazfit T-Rex 2 smartwatch introduced

The watch uses a rechargeable battery with a capacity of 500 mAh, the declared autonomy reaches 24 days. The round AMOLED display is characterized by a diameter of 1.39 inches.

1.39-inch AMOLED screen, 150 sport modes, GPS, NFC, heart rate and SpO2 sensors, water resistance and 24 days of battery life for $225.  Amazfit T-Rex 2 smartwatch introduced

Amazfit T-Rex 2 supports 150 sports modes, six-channel optical sensor BioTracker 3.0 PPG of its own design supports heart rate and blood oxygen concentration. Also, the device allows you to determine the frequency of breathing and recognizes atrial fibrillation. Naturally, there are systems for monitoring sleep and stress.

1.39-inch AMOLED screen, 150 sport modes, GPS, NFC, heart rate and SpO2 sensors, water resistance and 24 days of battery life for $225.  Amazfit T-Rex 2 smartwatch introduced

The novelty will go on sale in China on May 31 at a price of $225. The color options for Amazfit T-Rex 2 are black and green.

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