Ethereum's Biggest Problem Is Being Fixed With "The Merge"

Related:What is Ethereum, and What Are Smart Contracts?

you’re able to see an exact countdown, based on internet conditions,here.

In other words, Ethereum mining is dead.

Proof-of-stake is already used by blockchains such as Cardano, Solana, and Polygon.

The fact that Ethereum won’t use mining anymore is good for several reasons.

For one, it’s better for the environment.

Mining also creates e-waste, as GPUs used for mining have a much shorter lifespan than gaming GPUs.

Related:Proof of Work vs.

Proof of Stake: What’s the Difference?

These will be made mostly as an attempt by miners to not lose their current source of income.

This is a big moment for the Ethereum ecosystem."