Cryptocurrency Q&A
Is Ethereum mining no longer profitable?
Is Ethereum mining no longer profitable?
CryptoPioneer
Wed Dec 11 2024
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6 answers
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I've been hearing a lot about Ethereum mining recently and I'm wondering if it's still profitable. With the rising costs of electricity and the increasing difficulty of mining, is it still worth it to mine Ethereum?
6 answers
Andrea
Fri Dec 13 2024
Ethereum underwent a significant transformation in 2022 with the implementation of the Ethereum Merge.
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EchoWhisper
Fri Dec 13 2024
This event marked the shift from Proof of Work (PoW) to Proof of Stake (PoS).
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Sara
Thu Dec 12 2024
The transition was a pivotal moment for the Ethereum network.
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WhisperWind
Thu Dec 12 2024
Following the Merge, mining ETH became impossible, as the consensus mechanism changed.
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BitcoinBaron
Thu Dec 12 2024
Despite this, there are still ways to earn profits on Ethereum.
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