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When Ethereum transitioned to Proof of Stake (PoS), GPU mining became obsolete. Ethereum now relies on validators instead of miners, who use their ETH as a stake to maintain network security. This ...
BlackRock’s head of digital assets announced Friday that he’s leaving the Wall Street giant and joining the second-biggest ...
An employee inspects mining rigs mining the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Jan. 22, 2021. Akos Stille / Bloomberg via Getty Images ...
Inspired by the success of businesses like MicroStrategy, which has seen its stock surge more than 3,000% since it pivoted to buying Bitcoin instead of developing software, other publicly traded ...
BitMine Immersion said Thursday that its ETH holdings have grown to $2.1 billion. It is the world’s largest Ethereum treasury ...
Ethereum Classic’s hashrate has since fallen to about 125-135 TH/s, as miners got priced out of mining the Ethereum fork. Ethereum Classic is the easiest switch because its algorithm is the ...
Bitcoin miner BitMine saw its stock price briefly surge Monday after acquiring more Ethereum for its treasury.
However, Ethereum’s prolonged plan to reduce energy consumption by 99% by phasing out cryptocurrency mining was completed on Sept. 15, raising concerns about existing mining equipment.
London, UK, March 28, 2024 (GLOBE NEWSWIRE) -- Cryptocurrency mining has long faced scrutiny for its excessive energy consumption and subsequent environmental impact. In 2022, The White House ...
Ethereum co-founder Vitalik Buterin’s original vision for the network always included a future transition from proof-of-work (PoW), its old miner-based system for processing transactions, to ...