Cryptocurrency Q&A
Is ETH mining dead?
Is ETH mining dead?
GangnamGlamourQueen
Thu Dec 26 2024
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5 answers
838
I'm wondering if ETH mining is no longer profitable or has come to an end. With the recent changes in the cryptocurrency market and technology advancements, I want to know if ETH mining is still a viable option.
5 answers
Carlo
Sat Dec 28 2024
The question of whether Ethereum mining is still possible often arises among those interested in cryptocurrency.
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LightWaveMystic
Sat Dec 28 2024
However, the reality is that Ethereum mining is no longer feasible. This is due to a significant change in the Ethereum network's consensus mechanism.
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CherryBlossomFall
Sat Dec 28 2024
In 2022, Ethereum underwent a transition from a Proof of Work network to a Proof of Stake network. This shift was a major milestone in the development of the Ethereum blockchain.
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CloudlitWonder
Fri Dec 27 2024
With the Proof of Stake network, the Ethereum blockchain now relies on validators who stake their Ethereum tokens to secure the network, rather than miners who solve complex mathematical problems.
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Chiara
Fri Dec 27 2024
BTCC, a top cryptocurrency exchange, offers a range of services for those looking to engage with the cryptocurrency market. These services include spot trading, futures trading, and a wallet service.
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