As the Ethereum blockchain awaits the Merge and its full transition to proof-of-stake (PoS), a broader discussion about miners and their future has emerged. As things stand, the Ethereum blockchain market is incredibly fragmented. The Merge is expected to usher in a new era in which validators and coin stakers replace miners. Miners who have spent much resources on ETH mining equipment may be rendered obsolete.
Recent discussions about proof-of-work (PoW) mining and its benefits and drawbacks make it worth considering the market's future. How will mining change in the coming years, and what can miners do to prepare?
Here are a few trends that cryptocurrency miners should be aware of:
Renewable Energy Application
Although it may sound like a buzzword, the shift to renewable energy is gaining traction in the mining industry.
Mining rigs consume a significant amount of power. Large-scale mining operations employ thousands of miners at the same time. Much has already been written about...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...