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Miners flee to Ethereum Classic as ‘the Merge’ arrives

September 15, 2022 Rita Liao 248 ViewsBitcoin, Bitmain, blockchains, China, computing, cryptocurrencies, decentralization, distributed computing, ethereum, ethereum foundation, fork, James, mining, proof of stake, United States, university of cambridge 2 min read

The Merge, the long-awaited software upgrade that promises to make Ethereum transactions a lot greener, is expected to put miners out of jobs. But miners are not quitting outright. With big bucks invested in computing hardware, many of them are seeking refuge in an alternative branch of Ethereum. Ethereum Classic, a hard fork of the […]

‘The Merge’ could be good news for China’s Ethereum enthusiasts

Crypto TC

‘The Merge’ could be good news for China’s Ethereum enthusiasts

September 13, 2022 Rita Liao 226 Viewsarticles, Beijing, Bitcoin, blockchains, China, coinbase, computing, crypto miner, crypto mining, cryptocurrencies, decentralization, electricity, energy, ethereum, firewall, James, joseph lubin, major, miner, mining, peer to peer, proof of stake, Singapore, vpn 5 min read

When China banned cryptocurrency mining and trading, many saw it as putting an end to a burgeoning industry in the world’s second-largest economy. As it turned out, the country’s crypto investors, developers, and hobbyists continue to play a critical role in building the backbone and applications of web3. The Merge, the much-anticipated network update on Ethereum […]