Cryptocurrency Q&A
Are people still mining Ethereum?
Are people still mining Ethereum?
Stefano
Thu Dec 26 2024
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7 answers
1492
I'm wondering if people are still actively mining Ethereum or if the mining activity has decreased significantly due to various factors like market conditions or technological changes.
7 answers
Caterina
Sat Dec 28 2024
As a result of this switch, Ethereum mining has become obsolete.
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ZenHarmony
Sat Dec 28 2024
ETH, which stands for ether on the Ethereum blockchain, has undergone a significant change.
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JejuJoyfulHeartSoul
Sat Dec 28 2024
The cryptocurrency was previously mineable through traditional mining methods.
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isabella_doe_socialworker
Sat Dec 28 2024
However, the Ethereum blockchain underwent a transition in 2021.
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Andrea
Sat Dec 28 2024
This transition involved switching to a proof of stake consensus mechanism.
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