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Morgan Stanley: GPU Demand Likely to Slow if Ethereum Moves to Proof-of-Stake

Moving to PoS also won't solve Ethereum’s scaling problems, the report said.

Updated Apr 9, 2024, 11:49 p.m. Published Jun 27, 2022, 11:04 a.m.
Ethereum's Merge will slow demand for GPUs. (Bradley D. Saum/Shutterstock)
Ethereum's Merge will slow demand for GPUs. (Bradley D. Saum/Shutterstock)