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Ethereum Mining
After the Ethereum Merge, the Ethereum network transitioned from proof-of-work (PoW) to proof-of-stake (PoS) consensus mechanism, fundamentally changing how Ethereum mining works. In this new system, "mining" is replaced by "staking," where validators participate in securing the network by locking up (staking) a certain amount of Ether (ETH). These validators are chosen to create new blocks and validate transactions based on the amount of ETH they stake and other factors. This process requires significantly less energy than PoW mining and aims to enhance network security and scalability. Validators earn rewards for their contributions, but they risk losing a portion of their stake if they act maliciously or negligently.
Powerful New Ethereum Miner Reaches Final Stage Before Mass Production
Upstart manufacturer Linzhi is ready to produce its first batch of powerful new machines for mining ethereum and ethereum classic.
Bitmain's Jihan Wu: ASICs Are Making Ethereum More Decentralized
The Bitmain co-founder says ASIC miners are making blockchains more decentralized and ethereum's ProgPow proposal could still be "ASICable."
Ethereum's ProgPow Mining Change Approved Again, But Timeline Unclear
Ethereum core developers reaffirmed during a meeting today that mining algorithm change "ProgPoW" would be added to a coming hard fork.
Ethereum's ProgPoW Mining Change to Be Considered for Istanbul Upgrade
The code designed to enact ethereum’s next system-wide upgrade, Istanbul, may feature the inclusion of a controversial mining algorithm said to allow for broader participation in its network.
Ethereum Mining Pool Receives Mysterious $300K Blockchain Payout
Cryptocurrency mining pool Sparkpool received a payout today of over $300,000 for mining one block on the ethereum blockchain.
Ethereum Security Lead Joins Effort to Oust Blockchain's Big Miners
Security lead for the Ethereum Foundation said today that he supports swift action to remove ASIC mining hardware from the ethereum platform.
Prosecutors File Charges in Alleged $250 Million Crypto Mining Fraud
Authorities in South Korea have reportedly filed suit against a U.S. cryptocurrency mining firm, alleging a multi-million dollar fraud.
AMD CEO Sees 'Leveling Off' in Cryptocurrency Mining Demand
Cryptocurrency mining continues to push AMD's revenue higher, but the graphics card manufacturer's CEO believes that could level off soon.
Ethereum Spam Attacks Are Back – This Time on the Test Network
Following DoS attacks on the ethereum network last year, an attacker has picked an easier target to spam: Ropsten, the ethereum testing network.
Bitcoin Miners Follow Profit to Ethereum Blockchain
A well-known Chinese bitcoin miner gets into Ethereum as a wide range of high-profile organizations begin to capitalize on the digital currency.
