I'm wondering if it's feasible to mine Ethereum. I've heard about cryptocurrency mining and I'm specifically interested in Ethereum. Can someone tell me if it's possible and maybe give an overview of the process?
The cryptocurrency Ethereum transitioned to a Proof of Stake network in 2021. 3. This shift indicates that the blockchain no longer relies on mining for validation.
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DondaejiDelightfulFri Dec 27 2024
Instead, the blockchain now supports staking as its main form of consensus.
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KpopHarmonySoulFri Dec 27 2024
Staking Ethereum involves locking up your ETH to verify transactions on the network.