Ethereum Miners Are Quickly Dying Less Than 24 Hours After the Merge

Now-redundant, Ethereum miners are flocking to other proof-of-work (PoW) tokens after the network switched to the proof-of-stake (PoS) consensus mechanism.

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Vitalik Buterin Is Surprised by Behavior of Ethereum Miners

Co-founder of Ethereum is glad that miners did not abandon network ahead of PoW switch

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Ethereum: Here's Buterin's take on the prospect of miners leaving

Vitalik Buterin doesn’t appear to be concerned about miners leaving the Ethereum network or a potential 51% attack. According to comments made recently on a popular Chinese forum, the Ethereum Co-FoThe post Ethereum: Here's Buterin's take on the prospect of miners leaving appeared first on AMBCrypto.

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Nvidia Launches GPU Lineup Aimed at Ethereum Miners

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EIP-1559 faces opposition from Ethereum miners

According to reports, ETH miners raked in nearly 20K ETH in gas fees last week on top of block rewards. This was largely due to Ethereum's price rise over the past few weeks as the cryptocurrency recoThe post EIP-1559 faces opposition from Ethereum miners appeared first on AMBCrypto.

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Ethereum miners are still in profit, here's why this matters

Ethereum miners were enjoying the current market condition after the launch of Uniswap's governance token, UNI. The launch drove the gas cost on the Ethereum network, which resulted in miners pocketinThe post Ethereum miners are still in profit, here's why this matters appeared first on AMBCrypto.

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Ethereum Miners Vote to Make Themselves a bit Richer

Ethereum miners are voting to increase the network’s gas limit from 10 million to 12.5 million per block. The move could lower transaction fees on the network, but it also... The post Ethereum Miners Vote to Make Themselves a bit Richer appeared first on Crypto Briefing.

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Ethereum Miners Increase Capacity by 25%, “Spent $40 on Txfees” Says Buterin

Ethereum miners have increased the equivalent of the blocksize, the gas limit, by 25% following a significant rise in demand for the ethereum network. “The Ethereum miners are voting to. . .

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Ethereum 2.0: What Faith Will Ethereum Miners Have?

Coinspeaker Ethereum 2. 0: What Faith Will Ethereum Miners Have?As the date for the release of Ethereum 2. 0 draws near, the relevance of Ethereum miners post ETH upgrade remains a subject of debate.

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Ethereum Miners’ ETH Holdings Near Record Highs

Ethereum miners are hoarding ether tokens, and this could indicate high confidence in the project.

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Ethereum Miners Score Unexpected $400K Payday

The crypto industry is abuzz about an extremely generous tip, left to Ethereum miners by an apparently high-rolling developer. Four transactions, all dated Feb. 19 and originating from the same wallet, spent 3,150 ETH in transaction fees.

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Ethereum Chain Splits, An Estimated 10% of Miners Stay on Constantinople

Ethereum is currently undergoing a chain-split after a planned upgrade was called off at the very last minute. “We were not able to get in contact with every single mining... The post Ethereum Chain Splits, An Estimated 10% of Miners Stay on Constantinople appeared first on Trustnodes.

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Momentum Is Building to Block Big Miners from Ethereum's Blockchain

Several ethereum miners and developers have come forward in the hope of halting ASICs from effectively operating on the ethereum network.

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Report: Nearly $2.5 Billion Paid Annually to Ethereum Miners, ETH Issuance Woes Continue

Despite waning prices and never-ending scalability debates, the Ethereum protocol continues to rake in massive revenues for network miners, with figures confirming $2. 5 billion-a-year payouts. Ethereum Miners Rake in Big Money According to a report on TrustNodes, mining revenue accounts for about 8.

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Canaan Avalon6 Bitcoin Miner: Quality Crypto Mining ASIC Equipment?

The production of ASIC mining rigs has always been somewhat controversial. Because the miners using ASIC are considered by some blockchains to be “cheating,” many companies have to constantly come out with new versions of their own ASIC tech in order to dodge the bans and patches on major cryptocurrency blockchains like Bitcoin and Ethereum. […]

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Ethereum Paying Nearly 10% of Its Market Cap to Miners, Holders Vote to Reduce it By Two Thirds

Ethereum is paying miners around $2.5 billion a year at current prices while its market cap stands at $32 billion. Including the block base reward, uncles rewards, and mining fees,... The post Ethereum Paying Nearly 10% of Its Market Cap to Miners, Holders Vote to Reduce it By Two Thirds appeared first on Trustnodes.

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Top 6 Ethereum (ETH) Cryptocurrency Mining Pools: Profitable Options?

If you are a miner, you will want to maximize your profits at the time of mining Ethereum (ETH). The best way to do so is by joining an Ethereum pool and combine the resources you have with other miners all over the world.

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Op Ed: Exploring the SEC’s New “Sufficiently Decentralized” Test

The regulators have awoken. SEC Director William Hinman introduced novel concepts to the securities law analysis such that sellers of digital assets may have an escape valve.

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Ethereum Classic Price Analysis - On the on ramp

The ETH vs ETC debate began over a matter of principle regarding the immutability of the blockchain, as well as speculators and miners seeking an opportunity to profit from a forked chain. ETC has continued to survive and begun to thrive after the removal of a difficulty bomb which threatened to shut down the network entirely.

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Ethereum Classic (ETC) Network Activity Hits Toughest Mining Difficulty To Date

Ethereum Classic (ETC), a public open-source blockchain-based distribute computing platform. ETC is recognized for its smart contract functionality and its impressive growth. At this point, the platform has surpassed 205 after miners gravitated toward the Coinbase coin and listing.

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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

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A Prehistory of the Ethereum Protocol

Although the ideas behind the current Ethereum protocol have largely been stable for two years, Ethereum did not emerge all at once, in its current conception and fully formed. Before the blockchain has launched, the protocol went through a number of significant evolutions and design decisions.

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Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

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Hashflare Drops Bitcoin Mining Contracts As Profitability Dwindles

Hashflare, one of the most prominent cloud mining service, recently made an announcement that it would begin to turn off their SHA-256 miners starting on July 20th, as a result of rapidly declining profits.

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ZCASH Mining 400% More Mrofitable than Bitcoin (BTC)

Zcash (ZEC) is currently the most profitable cryptocurrency for those into crypto mining, with a Return of Investment that far outperforms any other token in the market, including those cryptos with the largest market cap such as BTC, ETH or BCH.

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New York State Entices Crypto Miners to Negotiate Cheap Power

Cryptocurrency Mining–Despite the overwhelmingly negative image of crypto mining related electricity costs, from the impact they have on the environment to the rising rates of neighborhood power bills, the state of New York has approved a bid to increase the population of miners through cheaper electricity.

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Zcash Mining 400% More Profitable Than Bitcoin

Zcash (ZEC) is the most profitable cryptocurrency to mine, with expected returns far higher than other PoW coins like Ethereum (ETH) and Bitcoin (BTC). Data collected from cryptocurrency tools provider Anything Crypto suggests that at current difficulty levels, ZEC miners using the Antminer Z9 mini could expect an $8,000 return on their investment over a […] The post Zcash Mining 400% More Profitable Than Bitcoin appeared first on Crypto Briefing.

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Ethereum’s Uncle Rate Falls Nearly 50%, Could Miners Now Increase the Limit?

The rate of ethereum’s uncle blocks has fallen from an all time high of 2,100 a day to currently around 1,200 despite the network recently being congested and apparently operating... The post Ethereum’s Uncle Rate Falls Nearly 50%, Could Miners Now Increase the Limit? appeared first on Trustnodes.

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Ethereum [ETH] Network congestion – Is FCoin accountable?

An unprecedented increase in the cost of transactions for Ethereum has been observed in the past few days. According to Etherscan, this is the result of abnormal amounts of fees being collected by miners in comparison to what is normally collected.

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