Cryptocurrency Q&A Why can't we mine Ethereum?

Why can't we mine Ethereum?

GinsengBoost GinsengBoost Tue Feb 04 2025 | 7 answers 862
I'm trying to understand why we can't mine Ethereum. Is it because of technical limitations, legal restrictions, or some other reason? I need clarity on this issue. Why can't we mine Ethereum?

7 answers

CryptoQueen CryptoQueen Thu Feb 06 2025
Ethereum's transition to Proof of Stake (PoS) following the Ethereum Merge has rendered Ethereum mining obsolete.

Was this helpful?

49
78
Maria Maria Wed Feb 05 2025
In return for their contribution, stakers receive rewards in the form of Ethereum.

Was this helpful?

366
95
IncheonBlues IncheonBlues Wed Feb 05 2025
This shift marks a significant change in how the Ethereum network operates and secures its blockchain.

Was this helpful?

96
59
Giuseppe Giuseppe Wed Feb 05 2025
Mining, which previously involved solving complex mathematical problems using specialized hardware, is no longer a viable option for earning rewards on the Ethereum network.

Was this helpful?

111
38
KimonoGlitter KimonoGlitter Wed Feb 05 2025
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of both miners and stakers. Its services include spot trading, futures trading, and a secure wallet for storing cryptocurrencies.

Was this helpful?

40
80
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts