Now that Ethereum’s merge is complete, staking the cryptocurrency can be one of the most options for users looking to hold ETH and profit at the same time. Since abandoning Proof-of-Work, Ethereum now offers Ether owners the ability to stake the cryptocurrency in order to help maintain the blockchain – and receive ETH as a […]
Category: Ethereum
September 20, 2022
September 17, 2022
Will GPU Mining Go Obsolete After The Merge?
Ethereum’s transition to a proof-of-stake consensus mechanism, thousands of Ether miners found themselves without a token to mine. Ethereum’s cryptocurrency community of over 260 thousand wallets is now forced to either jump ship to other tokens – or completely abandon cryptocurrency mining altogether. The transition also impacts the GPU market. Proof-of-Stake disincentives the widespread sales […]
September 16, 2022
Polygon’s Co-Founder Believes that Ethereum’s Merge Could Bring Over a Billion People to Web3
According to Sandeep Nailwal, co-founder of Polygon Technology, the success of Ethereum’s Merge is a significant milestone for the community and may pave the road for widespread adoption. While Nailwail acknowledged that Ethereum’s switch to proof-of-stake (PoS) from proof-of-work (PoW) does not provide any scalability – the Polygon frontman stated that the answer to the […]
