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

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 $1600

IT 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

In the past few years, a large number of so-called "miners" have purchased high-performance graphics cards to mine ETH ore, resulting in high graphics card prices. Now, with the arrival of ETH2.0, the graphics card market is expected to return to normal.

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