• Ethereum Price: Why is the upper limit of ETH lower than $2000 on the chain indicator

    Ethereum prices have been in the range of $1800 to $1900 over the past week.The decrease in whale activity and the flat foreign exchange balance indicate a contemplative mood among ETH traders

    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
  • Ethereum Shanghai Upgrades, LSD Supplier Pledges Soaring: Analyzing Potential Stocks and Undervalued Projects

    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

    2023-04-28
  • Five amazing facts about Ethereum that you need to know

    Ethereum (ETH) is destined to be the second largest cryptocurrency asset. Whether it will replace the top ranked Bitcoin (BTC) is a big question, but still, it is a favorite for many people

    2023-04-28
  • Ethereum (ETH) lock in total reached a new high due to an increase in deposits exceeding withdrawals

    The price of Ethereum (ETH) has skyrocketed throughout April, corresponding to an important milestone in the Ethereum Layer 2 network: according to data from analysis company L2Beat, as of April 14th, the total value locked in (TVL) has exceeded $10 billion and research websites related to Ethereum Layer 2 extensions.This marks a new high in the number of ETHs locked onto the Ethereum network since the upgrade of Shapella

    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
  • What are the favorable currencies for Ethereum's next stop - Cancun upgrade?

    Do you regret missing out on the LSD bull market before the Shanghai upgrade? Don't worry, the Cancun upgrade - an upgrade that directly benefits Layer2 (L2) tokens is coming soon.What benefits will the Cancun upgrade bring and how will it affect L2s?In short, the Cancun upgrade will increase the speed of L2 by 10-100 times and lower the cost

    2023-04-28
  • Ethereum Price Forecast: Will ETH Continue to Fall?

    The trading price of Ethereum was $1793.48 (release time), with an increase of 3

    2023-04-28
  • BTC and ETH skyrocketed after the US stock market fell

    Blockchain intelligence company Santiment tweeted last night that shortly after the US stock market closed, the cryptocurrency market showed a birth date. The tweet added that the cryptocurrency market leader Bitcoin (BTC) has also moved towards $28500, while the counterfeit currency leader Ethereum (ETH) has climbed to $1900

    2023-04-28
  • Data: After upgrading to Ethereum Shanghai, over 110000 ETHs have been unlocked and extracted

    Data: After the upgrade of Ethereum Shanghai, over 110000 ETH have been unlocked and extracted. According to the Etherscan page, there have been 112000 ETH unlocked and extracted after the upgrade of Ethereum Shanghai, with a value of approximately $218 million

    2023-04-28
  • stage a comeback! Bitcoin has returned to $30000, with a year-on-year increase of over 70% and a 96% increase from last year's low

    Last year, Bitcoin encountered Waterloo, and this year there is a great momentum for the king to return. On April 11th, the price of Bitcoin broke through $30000 at around 8:30, an increase of over 5%

    2023-04-28