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On June 16th local time, Elon Musk, the world's richest man, and his subsidiaries Tesla and SpaceX, a space exploration technology company, were sued by a US dog coin investor, seeking compensation of $258 billion (approximately 1.7 trillion yuan)

After the influence of Elon Musk and Twitter subsided, Dog Coin (DOGE) fell by more than 8%. On the contrary, the digital asset experienced an intraday loss, but failed to offset the gains brought by Musk's influence

Bitcoin rebounded from Tuesday's decline as all the focus of the market shifted to today's Federal Reserve interest rate decision. The market generally expects the Federal Reserve to raise interest rates by 25 basis points at its May meeting

Edited by Xin Nan | Lu XiaomingProduced | Daily Planet (ID: o daily)The path of Coin An is quietly undergoing a "change".The long-awaited Coin Security Derivatives Platform has finally been launched

Edited by: Bi LumingWithin an hour, Bitcoin staged a trend of long short to recover and cut. At around 8:00 am Beijing time on the 10th, Bitcoin fell below the $30000 mark, breaking a new 10 month low and falling more than $10000 from the highest point since the Federal Reserve raised interest rates on May 5th

The currency circle fell into a dark 'Lehman moment', and the liquidity crisis of the top cryptocurrency exchange FTX triggered a series of negative market chain reactions.On November 10th local time, a team of strategists at JPMorgan Chase reported to external media that the cryptocurrency market will face a deleveraging process that will last for several weeks due to the impact of the FTX liquidity crisis

Virtual currencies represented by Bitcoin and Ethereum themselves belong to risk assets. Against the backdrop of the Federal Reserve's interest rate hike, the appreciation of the US dollar has increased the pressure on the depreciation of risk assets

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit

On the evening of May 13th, it was reported that Coin An was facing investigation by the US Department of Justice and the Internal Revenue Service. Binance has previously stated to the public that Binance

Ethereum (ETH), a global open source blockchain platform, is an important step towards upgrading!At 14:42 Beijing time on September 15th, the Ethereum execution layer (i.e

On September 15th, IT Home reported that this afternoon, the Ethereum "Merge" was completed, and ETH entered the 2.0 era, transitioning completely from PoW to PoS.Currently,Ethereum is priced around $1600IT Home learned that Ethereum is a public blockchain platform, and its cryptocurrency is Ethereum ETH. Ethereum is now turning to the Proof of Rights (PoS) mechanism. For miners, if they mine on the Ethereum main network, after merging, each network will operate entirely based on the PoS proof of rights mechanism. At that time,The traditional proof-of-work (PoW) mining will no longer be available on the Ethereum network

On September 15th at 14:00, the world's second largest blockchain Ethereum "Merge" was completed, and the main network was combined with the PoS consensus layer beacon chain (Beacon chain). Merger has become one of the most important events in the history of encryption by the market. After the completion of the "merger", Ethereum has successfully "merged" from the proof-of-work to the equity certificate. The mechanism after the "merger" will bid farewell to the era of large-scale mining. Reporters from Beijing Youth Daily saw on the blockchain forum that many former blockchain "miners" were lamenting the end of an era. Will blockchain 'miners' who were once popular lose their jobs? What impact will this have on the global mining machinery industry chain?The merger will reduce energy consumption by 99.95%According to OKLink data, Ethereum, the world's most active blockchain network, triggered a merge mechanism at block height 15537393 and produced the first PoS block (height 15537394). Since then, the Ethereum consensus has officially transitioned from PoW to PoS mechanism, completing the "TheMerge" upgrade. This will bring significant changes to the Ethereum network, including a 99.95% reduction in energy consumption and a 90% reduction in ETH issuance. According to CoinMarketCap data, the real-time price of Ethereum is approximately $1590, with a price drop of approximately 1.11% within 24 hours. Afterwards, it regained the $1600 level and had a market value of over $190 billion.Merging new mechanisms to bid farewell to the era of large-scale mining machinery "mining"Ethereum is a public blockchain platform, with its cryptocurrency being Ethereum ETH. Under the traditional "proof-of-work" mechanism, in the past few years, a large number of "mine owners" have purchased high-performance graphics cards to dig ETH mines. For miners, if they mine on the Ethereum main network, after merging, each network will operate entirely based on the PoS proof of rights mechanism. At that time, the traditional proof-of-work mining will no longer be available on the Ethereum network. Ethermine, the world's largest Ethereum ore pool, announced the termination of proof-of-work related services, and will no longer follow the proof-of-work bifurcation.Ethereum originally used the PoW (proof of work) proof-of-work mechanism, and the "miners" of the node competed for the packaging right according to the computing power and obtained the packaging reward. Nowadays, relying on the PoS (proof of stack) equity proof mechanism, Ethereum bid farewell to the era of large-scale mining machines "mining". Holders can "mine" by pledging Ethereum tokens (ETH), with a pledge threshold of 32 ETHs.Will the merger of Ethereum result in a significant unemployment of traditional blockchain miners?Will the merger of Ethereum result in a significant unemployment of traditional blockchain miners?MessariThe Merge 190 POW GPU Web3