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Major cryptocurrency investment firm Grayscale has finally taken a decision to abandon all the rights to the post-Merge proof-of-work (PoW) Ethereum tokens (ETHPoW).Announcing the news on Sept. 18, Grayscale said that the firm has “irrevocably abandoned” all the rights to ETHPoW tokens on behalf of the record date shareholders of
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Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has
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In roughly 202 days, the cryptocurrency network Litecoin (LTC) will experience a block reward halving on or around Aug. 3, 2023. Litecoin will be the first major proof-of-work (PoW) blockchain to see a reward reduction before Bitcoin’s upcoming halving, which is expected to occur 203 days from now. Litecoin Halving Set
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