follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: Ethereum miners are putting a multimillion-dollar bet on a delay in the upgrade  (Read 2555 times)

Offline RSRS

  • Hero Member
  • *
  • *
  • Activity: 955
  • points:
    29949
  • Karma: 15
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 29, 2022, 03:00:41 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Despite the coming changeover to proof-of-stake, major bitcoin (BTC, +2% ) mining corporations and miner manufacturers are expanding their investments in ethereum (ETH, +2.28 percent ) mining
They were told mining would finish four years ago, yet it is still going, said Mark D’Aria, CEO of Bitpro, a New York-based consulting firm specializing in Ethereum mining gear trading and administration
Aside from technological obstacles and security concerns for Ethereum assets, potential pushback from the Ethereum mining community could hinder the network’s transition to POS
Despite the coming changeover to proof-of-stake, major bitcoin (BTC, +2% ) mining corporations and miner manufacturers are expanding their investments in ethereum (ETH, +2.28 percent ) mining. Hut 8 and Hive, two public bitcoin mining businesses, are expanding their capacity to mine the second-largest cryptocurrency by market capitalization.

Meanwhile, ethereum mining machines from Bitmain and Innosilicon are expected to be released later this year. Given that the Ethereum system is expected to transition from proof-of-work (POW) to proof-of-stake (POS) in five months, and POS mining does not require such powerful computers, this investment may appear odd. Industry experts believe the increased demand is due to predictions that the migration will be postponed.

More information
                  ▄▄▄▄▄▄ ████▄██▄ █████████
████████ ████████ ███████▄██ █████▄ ███████
██████████████   ████████ ▀▀ ███████▄███████
████████████████████████         ████ █        ▄▄▄▄ ▄▄    ▄▄▄▄
██████████████████████████         █████         █████   █████▄▄█████████▄█████▄▄▄██████▄
█████████████████████ ██████▄     ██████       ████████   ▄█████████ █████████████████████
▐█████████████████████▄ ██████     ███████      █████▀   ███████████ █████████ ████████████
▐███████████████████████           ███████      ▀██████   ███████████ █████████  █████████▀▀
▐██████████████████████▄          ███████     █▄ ███████  █████████████████    ████████▄
 ████████████████████████▄         ███████     ███▄██████  ██████████ ██████████ ▄▄██████▄
 █████████████████████████         ███████     ████▀▀▀████ ███ ███████████████████████████
 ██
███████████████████████         ███████     ████   ████ ███  █████████████████████████▀
 █████████ ▀▀▀▀▀▀▀ ▀▀▀▀▀▀           ▀▀▀▀▀▀▀     ▀▀▀▀   ▀▀▀▀ ▀▀▀    ▀▀▀ ▀▀▀    ▀▀▀▀▀  ██████▀▀▀
                 NFTanks.app                
A collection of 3333 unique Dogetankers
and New Play to earn (P2E) NFT game
[  PvE Mode  ]   [  PvP Mode  ]   [ Team Battle ]
|   TWITTER   |  TELEGRAM  |   DISCORD   |

Altcoins Talks - Cryptocurrency Forum


For Monthly biddings Check Here


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod