Cryptocurrency Q&A Is ETH no longer mineable?

Is ETH no longer mineable?

ShintoBlessing ShintoBlessing Tue Dec 10 2024 | 7 answers 1785
I'm wondering if ETH is still mineable or if it has become impossible to mine now. I want to confirm the current status of ETH mining and whether it's still a viable option. Is ETH no longer mineable?

7 answers

EchoSoulQuantum EchoSoulQuantum Thu Dec 12 2024
The question of whether Ethereum mining is still feasible arises among crypto enthusiasts.

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GangnamGlitzGlamourGloryDays GangnamGlitzGlamourGloryDays Thu Dec 12 2024
Ethereum, once a prominent cryptocurrency that relied on mining, underwent a significant change in its consensus mechanism.

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Carlo Carlo Thu Dec 12 2024
In 2022, Ethereum transitioned from a Proof of Work (PoW) model to a Proof of Stake (PoS) model.

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SamuraiHonor SamuraiHonor Wed Dec 11 2024
This transition aimed to address scalability issues and reduce energy consumption associated with mining.

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EthereumEliteGuard EthereumEliteGuard Wed Dec 11 2024
With the shift to PoS, the need for mining Ethereum was eliminated.

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