Since the merge – Ethereum completely abandoned proof-of-stake in order to adopt a staking consensus. As of right now, the Ethereum mining community has sold over $40 million in ETH. According to research from OkLink, the dump began a week before the merge. Recent reports estimate that Ethereum miners sold nearly 15 thousand Ether in […]
Tag: ETH
September 22, 2022
September 22, 2022
Ethereum Falls 20% After SEC Potentially Classifying Ether As Security
Despite last week’s successful shift to proof of stake, Ethereum has recently dropped by more than 20% as the shadow of a major US regulations falls over its expanding aspirations. The transition changed Ethereum’s consensus from proof-of-work, to PoS – which requires far less energy when compared to cryptocurrency mining. However, this transition could also […]
September 20, 2022
Everything You Need To Know About Ethereum Staking
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 […]
