Ethereum Dev Says The Merge Could Be Delayed a Few Months, ‘Strongly Suggests...
According to Ethereum developer Tim Beiko, The Merge is likely to be pushed to the third quarter of 2022. Despite the delay, Beiko also said he “strongly suggests not investing more in mining equipment at this point.” The Merge May be Delayed, Ethereum Hashrate Taps New ATH Four days ago, Bitcoin.com News reported on ethereum miners hashing away at the blockchain at great speeds just before The Merge happens. The Merge is the name of Ethereum’s upcoming transition from proof-of-work (PoW) to a full proof-of-stake (PoS) system. On April 7, 2022,....
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“It won't be June, but likely in the few months after. No firm date yet, but we're definitely in the final chapter of PoW on Ethereum,” said developer Tim Beiko. The long-awaited Ethereum Merge is set for yet another delay, with developers working on the upgrade estimating a completion time a “few months after” June. Owing to the success of testing, there was a general expectation the Merge would go through mid year, however the latest setback is unsurprising given that Proof of Stake has been delayed constantly ever since it was first proposed. That said, the signs are promising that the....
Bitcoin has strongly outpaced Ethereum in the past month. In the past 30 days, BTC has gained approximately 50% as ETH has only rallied by 20-30%. Analysts think that this gap will be closed in the months ahead as Ethereum is boosted higher by technical and fundamental trends. Bitcoin Fractal Analysis Indicates Ethereum to Rally Strongly Next Bitcoin has strongly outpaced Ethereum in the past month. In the past 30 days, BTC has gained approximately […]
The Ethereum Merge is the upcoming transition from proof-of-work to a proof-of-stake system and the Merge is the most important part of the ETH 2.0 upgrade. The upgrade is concerned with the transition from proof-of-work to proof-of-stake consensus. The upgrade as reported has been delayed until the end of 2022, with no firm date on […]
Ethereum prices surge from the low of $980 to a high of $1,743 with so much excitement as regards the merge coming up in a few weeks. With the monthly close, there have been high expectations for the Ethereum price to reach a region of $2,000 -$2,400. Ethereum Weekly Chart The Ethereum price surged from the low $1,012 to $1,743 after several weeks of a downtrend. There was a bit of relief bounce from Ethereum haven traded below the 50 & 200 Exponential moving average (EMA). Ethereum, as of writing, is trading at $1,580 after being rejected at $1,722; Ethereum could not break the weekly....
Preparation for the final launch of the long-awaited Ethereum upgrade, the Merge, is getting on the higher side. For the past few months, the entire Ethereum ecosystem has been thrown into a state of activeness. There are now last-minute touches made for the Merge launch on September 15. ETH has been working towards its transition […]