• 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

    2023-04-28
  • Ethereum (ETH) prices have dropped below $2000, which is why it can recover quickly

    In the context of large-scale sell-off in the broader hidden market, the price of eutum (Eth) has fallen below $2000, which seems to be a huge whale dumping ground. As of the time of publication, Etalum's stock price fell by 6

    2023-04-28
  • If the price of Ethereum remains below $1920, it is prone to further losses

    The price of Ethereum expanded and fell below $1920 to the US dollar. If the ETH falls below the support range of $1820, it may continue to decline.Ethereum further fell below the support level of $1920.The price is below $1920 and the 100 hour simple moving average.Breaking through the main bearish trend line on the hourly chart of ETH/USD, the resistance level is around $1860 (data from Kraken).If it breaks through the levels of $1920 and $1975, the currency pair may begin to rise significantly.Ethereum price turns redEthereum's price gained bearish momentum after closing below the support level of $2000. ETH will expand its decline below the support levels of $1950 and $1920, similar to Bitcoin. 1,880 1,827

    2023-04-28
  • What will happen next when the price of Ethereum drops below $2000?

    The price of Ethereum has fallen below $1900, below the $2000 mark previously held by bulls. This has led to another sell-off, despite attempts at recovery, the bearish impact remains strong

    2023-04-28
  • Ethereum (ETH) fell 11%, taking back all the gains from Shanghai's rebound

    Ethereum is the world's second largest cryptocurrency, and its recent rise has come to a sudden halt as Ethereum (ETH) has recouped all its gains after the highly anticipated Shanghai upgrade.Although many people have high hopes for this upgrade and promise to improve network speed and scalability, the market seems to have reacted negatively to the news

    2023-04-28
  • 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

    2023-04-28
  • Ethereum prices send a "sell" signal and still face the risk of further losses

    Ethereum prices show bearish signs below $1920 against the US dollar. If the support area of $1800 is cleared, ETH may continue to decline

    2023-04-28
  • 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"

    2023-04-28
  • ETH retests this channel as support, will prices fall below after a 9% weekly decline?

    After the current overall market adjustment, Ethereum experienced a reversal in the middle of the week. This correction was accompanied by a sharp drop near $1900 and has remained calm since then

    2023-04-28
  • 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

    2023-04-28
  • Ethereum fell 3.8%, with withdrawals exceeding 1 million

    Four days after upgrading Ethereum (ETH) Shapella, over 1 million Ethereum has been withdrawn.According to the data, out of 491037 extractions, 1

    2023-04-28