Ripple chair’s pay-off plan to convince BTC miners to adopt proof-of-stake By Cointelegraph

executive chairman and co-founder Chris Larsen has unveiled his plan for (BTC) miners to move away from proof-of-work (PoW), saying they should view it as “a net positive for their longevity.”

He argues it could provide a major boost to the share prices of listed mining firms, “as any new code proposal would almost certainly have to include lucrative incentives to gain their support.”