Ethereum has officially transitioned from a proof-of-work (PoW) network to a proof-of-stake (punto de venta) system after seven years of operating as a PoW blockchain. The Merge has forced ethereum miners to transition to other PoW-based tokens and after the ruleset change was codified, a handful of PoW coins compatible with the Ethash algorithm saw their hashrates skyrocket. Ethereum Classic’s hashrate has tripled in size since The Merge was triggered by Ethereum’s Paris Upgrade.
Contenido
5 Tokens Reap the Benefits of Ethereum’s Leftover Hashrate
Etéreo, the second largest crypto asset in terms of market capitalization, now operates under a proof-of-stake (punto de venta) blockchain system. The Merge estaba triggered by the Paris Upgrade on September 15, a la altura del bloque 15,537,391 a 2:42:42 soy. hora del Este. A few hours prior to The Merge, Ethereum’s hashrate plummeted significantly, and a great deal of hashrate was pointed at Ethereum Classic (ETC).
During the early morning hours (hora del Este) en septiembre 15, ETC’s hashrate was around 80.77 terahash por segundo (TE/s). Hours after The Merge on September 16, ETC’s hashrate increased by 228%, jumping to the current 228.62 TE/s. ETC was the main beneficiary in terms of getting the most hashrate from Ethereum’s forced transition from PoW to PoS. Sin embargo, a handful of other tokens with similar hashing algorithms also saw a significant rise in computational power.
At the start of the day on September 15, Ravencoin’s (RVN) hashrate was around 10.15 TH/s but the following day it was up 64.23% a 16.67 TE/s. Ergo saw a significant hashrate jump as it started off at 56.39 TH/s on Wednesday and by Thursday morning (hora del Este) it’s 123.94% higher at 126.28 TE/s.
A Significant Quantity of Hashrate Is Still Missing — Hashpower Is Seemingly Waiting for the New Fork
In addition to ETC, ERGO, and RVN, the crypto network FLUX and BEAM saw increases in hashrate as well, but a much smaller percentage compared to ETC’s and ERGO’s climb. FLUX hashrate jumped 40% higher and BEAM saw its computational power spike by 74.25%. While a great deal of hashrate has been dedicated to the five aforementioned tokens, Ethereum’s entire hashrate did not transfer to ETC, ERGO, BEAM, FLUX, or RVN. Seemingly a great deal of hashrate either simply shut off or the miners are waiting for the new Ethereum proof-of-work network ETHW.
Here is a list of mining pools that are on the way, it will be updated as more pools are joining.
Just wanna say THANK YOU ALL!https://t.co/TwIB7VFlJd— EthereumPoW (ETHW) Official #ETHW #ETHPoW (@EthereumPoW) Septiembre 15, 2022
The team behind ETHW, who remain anonymous, explicado two days ago that the blockchain network would launch 24 hours after The Merge. According to the official ETHW Twitter page, large mining pools such as Btc.com, Poolin, F2pool, 2miners, hormiguero, Bitdog, and Solomine plan to dedicate hashrate to the ETHW chain.
“Nanopool is going to support EthPow Ethereum fork expected to be minable in 24 hours after the ETH Merge occurs,” the mining operation Nanopool escribió el miércoles. No one is quite sure how much hashrate has held back to wait for the ETHW fork but quite a bit of ETH hashrate is still missing despite the spikes recorded by RVN, ETC, and ERGO.
What do you think about the alternatives miners have chosen after The Merge? Do you think a large amount of hashrate awaits the new fork? Háganos saber lo que piensa sobre este tema en la sección de comentarios a continuación..
Créditos de imagen: Shutterstock, pixabay, Wiki Commons
Descargo de responsabilidad: Este artículo es solo para fines informativos.. No es una oferta directa o solicitud de una oferta para comprar o vender, o una recomendación o respaldo de cualquier producto, servicios, o empresas. Bitcoin-Tidings.com no proporciona inversión, impuesto, legal, o asesoramiento contable. Ni la empresa ni el autor son responsables, directa o indirectamente, por cualquier daño o pérdida causado o presuntamente causado por o en relación con el uso o la confianza en cualquier contenido, bienes o servicios mencionados en este artículo.
Leer Descargo de responsabilidad