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Is Bitcoin (mining) harmful to the environment?
Bitcoin has been a hot topic in recent years. However, as cryptocurrencies gain more attention, concerns about their environmental impact also arise
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Zhao Changpeng from Coin An strongly criticized the mining exchange, and FCoin Zhang Jian stated that they will launch BNB trading online
Blockchain Cloud: A cloud piercing arrow, thousands of troops and horses come to meet! Gather the latest and most comprehensive blockchain information to grasp industry trends. Welcome to follow the blockchain cloud and grow together with blockchain!Today, Zhao Changpeng, CEO of Coin An, criticized the mining exchange on Weibo, pointing out that "mining exchanges will not continue to thrive because only fools will always become believers in mining exchanges
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The future road of Ethereum: Etherfi leads the decentralized rights mining revolution!
Read the notes below for more details.backgroundCamila Russo (host) - host of DefendMike Silagadze (Guest) - Founder and CEO of ether
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What is Bitcoin and how is' mining 'carried out? Why is the power consumption getting higher and higher
#Summer life check-in season#Bitcoin is a digital currency supported by a set of technologies called blockchain. It is a decentralized system without central banks or government agencies controlling transactions on a global scale
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Crash! Ethereum has completed the merger and bid farewell to mining! Where will the newly upgraded Ethereum go
About focusing on "getting finance and economics", pay attention to the development trend of the Metaverse blockchain, and refuse to speculate money! Refuse to stir fry NFT!Ethereum completes the "merger"Under the close attention of countless Cryptocurrency enthusiasts and Skepticism, Ethereum has completed an amazing "jump".According to relevant media reports, Ethereum has recently completed the so-called "merger", that is, a large-scale transformation
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Bitcoin is crazy! Science popularization: What is Bitcoin? What does mining mean? How do ordinary people invest?
Recently, the market of Bitcoin has been jumping up and down!According to Coinmarketcap data, on January 8th, Bitcoin hit a historic high of over $41000 per coin, with a market value of over $700 billion.But it plummeted on January 11th and fell to a low of 30568
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Give up after one year of launch, Intel announces cessation of production of Bitcoin mining series chips
Interface News Reporter | Si LinweiOn April 19th Beijing time, according to Tom's Hardware, semiconductor giant Intel officially announced the end of the lifecycle of its Bitcoin mining series of chips, and did not disclose any subsequent chips.Intel stated, "Due to the priority investment in IDM2
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Ethereum completes the "Shanghai upgrade": allowing for pledge withdrawals and completely cutting off connections with "mining"
The "Shanghai Upgrade" is the first significant upgrade after the merger of Ethereum, which means the opening of Ethereum's pledge and withdrawal function, and also means that Ethereum will ultimately cut off its connection with encrypted "mining".The "Shanghai upgrade" is of great significance for the future development of DeFi (decentralized finance): promoting the decentralization process of the Ethereum network will also help usher in the DeFi 3
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Farewell to the era of "mining", how far is Ethereum from "ETH2.0"?
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
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The era of large-scale graphics card mining has ended, and Ethereum has been merged, transitioning completely from PoW to PoS
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
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Official announcement! Ethereum "merger" started on September 6, and after completion, it will bid farewell to proof-of-work mining
Pengpai News Reporter Wang HuirongThe blockchain network Ethereum behind the world's second largest cryptocurrency, Ethereum (ETH), will officially "merge" on September 6th.On August 24th local time, the Ethereum Foundation posted a blog stating: "After years of hard work, Ethereum's Proof of Rights (PoS) upgrade has finally arrived! The successful upgrade of all public testing networks has been completed, and the merger of Ethereum's main network is already being arrangedThe transition from proof-of-work (PoW) to proof of equity (PoS) of Ethereum main network is called "merger"
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Will blockchain miners lose their jobs after Ethereum completes its "merger" and bid farewell to the era of large-scale mining?
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