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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

The halving of Bitcoin block rewards will occur around April 27, 2024. From a historical perspective, halving has triggered three surprisingly similar cycles

Reporter Xie JingEvery edited section refiningBitcoin prices have reached a new milestone! On November 18th, Bitcoin broke through $18000, marking the first time since December 2017. According to non niche data, Bitcoin has increased by 13

Bitcoin has encountered strong selling pressure above the price of $27000! The reason is that the profit margins of Bitcoin miners have been squeezed to the bottom in recent weeks, and they have had to sell off their newly produced Bitcoin on a large scale. What operation is this? Are these miners playing the game of 'new bottles can't hold old wine'?Industry insiders have pointed out that the price of Bitcoin has fallen below the critical $27000, which means we may be facing a bearish trend

After clearing a key obstacle, ETH bulls gained more advantages. However, there is still one obstacle to overcome

Reported by Zhao Yi, Hu Jinhua, a reporter from China Times (www.chinatimes

Scanning VirungaNationalParkIt is a natural paradise in eastern Congo and a habitat for endangered mountain gorillas. However, this is also a turbulent and impoverished area that has long been threatened by armed militants, illegal logging, poaching, and mining development

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

Tesla founder Musk replied to a bet tweet from a Twitter user today that he is willing to pay 1 million dog coins to prove that he indeed owns the Emerald Mine; Musk previously released the Twitter platform logoExchange for dog currencyTwitter may be included in the lawsuit of Ponzi scheme.Elon Musk4 TwitterLogoExchange for dog currencyDogecoin37%Today (13 days), Musk replied on Twitter to a user of UX/UI and graphic designer, who are engaged in dogcoin, DogeDesigner

Simply putOn April 3rd, DOGE broke through $0.10 for the first time in 2023

Pengpai News Reporter Wang HuirongThe blockchain network Ethereum behind the world's second largest cryptocurrency, Ethereum (ETH), is expected to "merge" in mid September. What will be the impact of this move?On August 12th local time, Ethereum co founder VitalikButerin tweeted that the blockchain software upgrade, known as a "merger" in the encryption field, is expected to occur around September 15th, although the exact date depends on the hash rate

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