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 ...

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 ...

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.

BlackRock’s head of digital assets announced Friday that he’s leaving the Wall Street giant and joining the second-biggest ...

Ethereum mining is dead and Nvidia's LHR no longer has any purpose. That might be why, according to recent reports from Reddit , via Twitter leaker I_Leak_VM and Videocardz , Nvidia has removed ...

The reward for mining an Ethereum Classic block about 24 hours ago was ETC 0.0186484, or about 70 cents, but a check in the past hour found that’s tumbled to just ETC 0.00030658, or about 11 ...

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 ...

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 ...

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 ...

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 ...