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Team Behind Ethereum’s PoW Fork Aims to Launch Network 24 Hours After The Merge

While The Merge is expected to take place in less than two days, the Ethereum proof-of-work (PoW) fork is scheduled to go live 24 hours after the transition, according to…

Continue ReadingTeam Behind Ethereum’s PoW Fork Aims to Launch Network 24 Hours After The Merge

Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge

Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September…

Continue ReadingEthereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge

Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days

In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets…

Continue ReadingProposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days

Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge

While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April…

Continue ReadingEthereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge

Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High

20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this…

Continue ReadingEthereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High