Cryptocurrency Q&A Does ETH mining still work?

Does ETH mining still work?

GangnamGlitter GangnamGlitter Mon Dec 09 2024 | 6 answers 1471
I'm wondering if ETH mining is still a viable option. With all the changes in the cryptocurrency landscape, I'm not sure if it's still profitable or even possible to mine Ethereum. Does ETH mining still work?

6 answers

Giulia Giulia Wed Dec 11 2024
Ethereum underwent a significant transformation in 2022 with the implementation of the Ethereum Merge.

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noah_stokes_photographer noah_stokes_photographer Wed Dec 11 2024
This event marked the shift from Proof of Work (PoW) to Proof of Stake (PoS).

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CryptoLegend CryptoLegend Wed Dec 11 2024
The move was a strategic decision aimed at enhancing the efficiency and sustainability of the Ethereum network.

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Maria Maria Wed Dec 11 2024
Consequently, mining ETH is no longer feasible following the switch to PoS.

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WhisperWindLight WhisperWindLight Tue Dec 10 2024
Despite this change, individuals and entities can still participate in the Ethereum ecosystem and earn profits.

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