2023-2-1 22:15 |
Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers?
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The Ethereum Merge took the blockchain to a Proof-of-Stake (POS) consensus mechanism, ridding it of miners and replacing them with validators. While switching to PoS has several benefits, the downside is now trickling home.
2022-10-13 18:50 | |
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The Ethereum [ETH] Merge with the proof-of-stake (PoS) network was successfully completed as of 15 September. The implication of the Merge is that miners are now replaced by validators on the EthereumThe post Ethereum: As major firms dominate staking, ETH's security may be in question appeared first on AMBCrypto.
2022-9-17 06:30 | |
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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.
2022-9-16 23:22 | |
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The Ethereum Merge went live this morning. With it, the Ethereum blockchain is moving from Proof-of-Work (PoS) to Proof-of-Stake (PoS) protocol. Thus, cryptocurrency miners have been forced to turn off their computers or possibly switch to the upcoming Ethereum PoW (ETHW) blockchain.
2022-9-15 18:00 | |
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Ethereum Classic is getting a fair share of the miners who can no longer mine Ethereum after its consensus mechanism was changed to proof-of-stake following completion of the Merge. The post Ethereum Classic hashrate surges to over 200 TH/s post-Merge appeared first on CryptoSlate.
2022-9-15 15:30 | |
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Ethereum [ETH] is facing issue after issue with the Merge just round-the-corner now. This time the issue is with ETH miners. There is a group among miners who believe the transition to Proof-of-Stake The post ETH miners may go 'broke' thanks to the Merge; too late to reconsider? appeared first on AMBCrypto.
2022-9-11 05:30 | |
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Prices for graphics processing units (GPUs) for personal computers are tumbling as the Ethereum blockchain's upcoming shift to a proof-of-stake network reduces demand for the chips from cryptocurrency miners.
2022-9-6 01:28 | |
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After Ethereum is forked, addresses holding ETH will receive an equal amount of ETHW on the forked blockchain. Preparing for the Merge Ethereum is switching to Proof-of-Stake, but miners are...
2022-9-5 18:06 | |
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Ethereum is expected to migrate from proof-of-work to proof-of-stake consensus
2022-8-11 18:51 | |
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Ethereum Classic miners are likely to be among the main beneficiaries of the shift to proof-of-stake validation as Ethereum miners look to offload their equipment.
2022-8-11 14:27 | |
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As we approach the Ethereum Merge, the crypto-community’s opinions have been more vocal than usual. The much-awaited ETH 2. 0 will change the blockchain’s consensus mechanism to a Proof-of-Stake moThe post Miners and ETH 2.
2022-8-8 09:30 | |
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Ethereum co-founder Vitalik Buterin said the upcoming blockchain’s merge to proof-of-stake consensus would not adversely affect miners minting new tokens on the blockchain’s predecessor, Ethereum Classic.
2022-8-7 17:00 | |
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Crypto miners are shifting from the conventional Proof-of-Work (PoW) algorithm to a greener alternative. Ethereum, for instance, is migrating from PoW 1. 0 to Proof-of-stake (PoS) 2. 0 to reduce its energy footprint and cheapen transactions.
2021-7-2 21:42 | |
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In a bid to save the Ethereum mining community, a group known as the Ethereum Genesys Foundation (EGF) successfully hard forked the chain to continue Proof-of-Work (PoW) mining. With the ETH 2. 0 upgrade well underway, the switch to Proof-of-Stake (PoS) would render miners redundant.
2021-5-1 15:20 | |
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The arrival of Ethereum 2. 0 could change the network in ways that community members have never seen before. But the many ways in which this can happen cannot be thoroughly analyzed until the highly awaited upgrade launches successfully.
2021-4-17 14:35 | |
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The Ethereum Foundation, in partnership with ConsenSys and DeepWorks, launched an Ethereum 2. 0 validator Launchpad easing the transition to the proof-of-stake (PoS) upgrade. The Launchpad allows users to keep track of and make deposits into the upcoming Medalla multi-client testnet as miners move to the staking protocol.
2020-7-28 17:50 | |
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Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do?
2020-6-13 14:45 | |
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Ethereum blockchain is in a transition period where the network is moving from a Proof-of-Work consensus to Proof-of-Stake (PoS) consensus, in order to improve the network’s scalability and efficiency.
2020-4-28 18:53 | |
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Block reward on the Ethereum network is currently down by 1,000 ETH amid a slight increase in block time, signaling the emergence of yet another ‘difficulty bomb. ’ Miners, dApp projects, and hodlers will have some decisions to make regarding the difficulty bomb even as Ethereum moves towards a pivot to proof-of-stake (PoS) consensus.
2019-11-23 10:30 | |
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Ethereum (ETH) has faced the dilemma of moving to proof-of-stake in the usual way – by another delay in the mining “ice age”. For the past three years, developers have voted several times to disable the difficulty time bomb, so that miners could get some grace time to seek block rewards.
2019-11-3 13:15 | |
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China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397.
2019-2-19 00:53 | |
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It has been six days since Constantinople had to be forcefully put off because of a bug. Chain Security sniffed out the vulnerability just before miners upgraded gifting hackers—who appear to be on the prowl, to not only siphon out hard earned funds but revive the memories of 2016 DAO attack that as well all […] The post The Proof-of-Stake Pandora’s Box—A “Rich Get Richer” Formula? appeared first on Ethereum World News.
2019-1-22 15:30 | |
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Ethereum will migrate it’s blockchain from proof-of-work to proof-of-stake in a hard forking event dubbed as Constantinople by January 16. But only 16% of its nodes are ready for the upgrade so far.
2019-1-15 18:55 | |
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Ethereum (ETH) is going to experience a new hard fork as soon as January 16. This network upgrade is called Constantinople and is expected to reduce block rewards for miners from 3 ETH to 2 ETH. The upgrade is very important for the Ethereum community and is an important path towards Proof-of-Stake (PoS) from Proof-of-Work […]
2019-1-7 19:00 | |
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Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin.
2018-11-20 23:08 | |
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The EOS community is growing anxious that its blockchain is really being controlled by a select few. A petition has been drafted to introduce voting limits to protect small-time token holders against the influence of whales.
2018-8-17 16:51 | |
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Litecoin’s price dropped by 18% in the last 30 days. A few metrics hinted at a trend reversal. Litecoin [LTC] bears dominated the coin’s price action last month as it shed a substantThe post Litecoin's 18% plunge attracts whales - Better things coming? appeared first on AMBCrypto.
Rising accumulation could validate LTC's move northward. Most holders refrained from selling, indicating a possible rise above $180. For most of April, things changed for a large part of theThe post Will Litecoin break $180 soon? Key metrics point to yes! appeared first on AMBCrypto.
LTC’s price increased by more than 3% in the last seven days. Most indicators looked bullish, but a few metrics suggested otherwise. Litecoin [LTC] investors had a comfortable week as thThe post Exploring whether Litecoin can repeat history, reach $110 again appeared first on AMBCrypto.
LTC was up by more than 9% in the last seven days. Metrics suggested that Litecoin was undervalued. The crypto market turned bullish just a day after Bitcoin’s [BTC] fourth halving, leThe post Will the Bitcoin halving help Litecoin rally 300% this summer? appeared first on AMBCrypto.
Grayscale has bought the dip and added 32K LTC coins to its Trust. Litecoin has enjoyed explosive growth as the preferred crypto pay option. The crypto market, especially the altcoin secThe post Grayscale adds 32K Litecoin amidst the dip: Time to go long? appeared first on AMBCrypto.
On-chain metrics supported a Litecoin significant increase before the halving. Those who bought LTC at lower prices have quit profit-taking. Litecoin [LTC] has reached a critical spot that cThe post Making the case for Litecoin's breakout before Bitcoin’s halving appeared first on AMBCrypto.
Bitcoin isn’t the only coin that cuts block rewards in half every four years. Here are three others — and how past halvings have influenced their prices. Bitcoin’s halvings get a lot of attention — that’s understandable; it is the…
