Cryptocurrency Q&A
Is Ethereum mining dead?
Is Ethereum mining dead?
AzureWave
Thu Dec 12 2024
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6 answers
1520
I'm wondering if Ethereum mining has become unprofitable or obsolete, considering the recent changes in the cryptocurrency market and the transition to Ethereum 2.0.
6 answers
Chiara
Sat Dec 14 2024
Mining Ethereum was never an option, as the term refers to the blockchain and its ecosystem.
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AltcoinExplorer
Sat Dec 14 2024
The native token of the Ethereum blockchain is Ether.
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Martino
Sat Dec 14 2024
Ether was once mineable, allowing individuals to earn the cryptocurrency by solving complex algorithms.
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Sara
Sat Dec 14 2024
However, this mining process was discontinued in the year 2021.
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SakuraTide
Fri Dec 13 2024
This decision was made due to various factors, including the impact of mining on the environment and the need to transition to more sustainable methods of token distribution.
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