Delaying the Ice Age — Ethereum Network Participants Prep for Upcoming Arrow ...
The Ethereum network will be undergoing a scheduled upgrade soon called “Arrow Glacier,” a change that aims to mimic the “Muir Glacier” upgrade. Essentially, Ethereum’s Arrow Glacier changes the parameters of the network’s Difficulty Bomb delay to June 2022. This will give the Ethereum network another six months until it leads to the “Ice Age” proof-of-stake (PoS) transition. Arrow Glacier Aims to Postpone Ethereum’s Ice Age At Ethereum block height 13,773,000 the network will implement the Arrow Glacier upgrade....
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20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s).
Ethereum Hashrate Taps 1 Petahash
Ethereum (ETH) miners are making profits at the end of the year as a 1.5 gigahash per second (GH/s) ASIC device....
A modification brought about by the Ethereum Arrow Glacier upgrade was the postponement of Ethereum's "difficulty bomb" until June 2022. What should you mine after ETH goes PoS?After Ethereum switches to the PoS consensus method, mining will be split into smaller, less well-known coins. Just a few examples include Ravencoin and Ethereum Classic.Neither of the coins mentioned above is well-known or widely used in the Ethereum blockchain, but it makes no difference. What is important is that, like Ethereum, their tokens can be mined using graphics processing units-based mining equipment.....
The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). Bellatrix was successfully codified into the codebase at epoch 144,896 on the Beacon chain and Ethereum co-founder Vitalik Buterin detailed it was important for network participants to update their clients.
From Bellatrix to Paris — Ethereum Participants Get Ready for the Final Step of the Merge
The Merge is estimated to take place on September 13, 2022, according to the....
Yesterday we looked at ethereum and saw there is reason to start watching the coin for signs of life. In the days previous we saw the same thing about bitcoin. This inspired me to bring up a chart of litecoin to see if the chart of this rather stagnant coin has anything to say. To my pleasant surprise, it does indeed. Let’s first have a look at a long term bull setup: This bull setup spans an almost 55 day period from May to July 2015. The check to see if the market is respecting the setup seems to indicate that it is. For example, note the reversal at almost the end of the 1st square....
The hash rate surpassed 1.11 PH/s for the first time ever, breaking the previous high of 1.08 PH/s set on Jan. 13. Over the previous year, Ether (ETH) has increased in value to the point that it significantly outperformed Bitcoin (BTC) in terms of returns. The rise of Ethereum has made mining on its network more lucrative over time. This appears to have resulted in additional miners, resulting in an expansion of the network's hash rate.The hash rate for Ethereum has hit a new high, approaching record levels of 1.11 PH/s according to data from Glassnodes on Jan. 27. The previous ATH was....