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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
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According to Ethereum core developer Tim Beiko, the network’s much-anticipated shift to proof-of-stake isn’t likely to come until the fall. Source
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In the meantime, the focus has shifted away from the Ethereum network itself to layer 2 systems like “rollups,” which scale the Ethereum network off-chain while borrowing its essential security guarantees. An entire layer 2 industry has popped up to scale, or increase capacity on, Ethereum, with leading products such
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While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday, Ethereum’s hashrate reached a high of 1.131 petahash per second (PH/s), jumping 13% in 89 days. Ethereum’s
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Ethereum could re-test its support zone as the general sentiment in the crypto market hints at further losses. The second crypto by market cap has been leading this current rally with Solana (SOL), Avalanche (AVAX), and other large cap cryptocurrencies. Related Reading | Arthur Hayes’ Crystal Ball Predicts: Ethereum To 5
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Ethereum trends are higher as it reclaimed the mid-area at around $3,000. The second crypto by market cap stands as the third-best performer in the top 10 by market capitalization. Related Reading | TA: Ethereum Gains Traction, A Strengthening Case For More Gains At the time of writing, Ethereum (ETH) trades at
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The week-long uptrend in the cryptocurrency market has begun to awaken bullish crypto investors and the successful March 15 launch of the Ethereum "merge" on the Kiln testnet has the community excited about the upcoming switch to proof-of-stake (POS). Data from Cryptox Markets Pro and TradingView shows that since the successful
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Ethereum Classic moves to the upside and recorded impressive performance over the last week. ETC bulls have been making this push as Ethereum prepares for one of the most important events in its history, The Merge. Related Reading | Ethereum Whales Purchase Over $6 Million Worth Of APE Tokens Set to combined Ethereum’s
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Ethereum is well on its way to the Merge as more milestones are met. The move to proof of stake will no doubt be a game-changer for the blockchain. So As the day for the merge draws closer, users of the network have been upping their activity in recent times.
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Kiln is the final public testnet before Ethereum’s transition to a proof-of-stake network. Source
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