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Ethereum merger: player's spring, graphics card's "mine disaster"
The graphics cards, once the main tool for mining, are now largely idle in corners.writingReporter Chen Genglin from China Entrepreneuredit| Yao YunSource of header image| Visual ChinaThe prices of graphics cards have been falling all the way, and the "waiting parties" have decided whether to continue waiting
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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
