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Ethereum Mining
After the Ethereum Merge, the Ethereum network transitioned from proof-of-work (PoW) to proof-of-stake (PoS) consensus mechanism, fundamentally changing how Ethereum mining works. In this new system, "mining" is replaced by "staking," where validators participate in securing the network by locking up (staking) a certain amount of Ether (ETH). These validators are chosen to create new blocks and validate transactions based on the amount of ETH they stake and other factors. This process requires significantly less energy than PoW mining and aims to enhance network security and scalability. Validators earn rewards for their contributions, but they risk losing a portion of their stake if they act maliciously or negligently.
Minority Mining Pools Threaten to Collude Against Contentious Ethereum Update
A small band of Ethereum miners are trying to pick off larger mining pools’ subscribers in a bid to shoot down EIP 1559.
Linzhi Begins Rollout of Long-Awaited Ethereum Miner 'Phoenix'
Linzhi’s “Phoenix” Ethereum ASIC miner is three times more powerful than other machines on the market, as well as more energy efficient.
New Ethereum Fee Model Has Some Miners Crying Foul: Survey
Eight of the nine mining projects answering a survey on EIP 1559 had a negative impression of the proposal, with seven saying they would not implement the change.
Market Wrap: Blame BitMEX as Bitcoin Dumps to $10.4K; Record Month for Ethereum Fees
Bitcoin’s price fell on U.S. regulatory pressures while Ethereum miners reaped record fee revenue the past month.
Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners at Record Fee Percentage
The bitcoin market went bearish as the price dipped while DeFi fees as a percentage of revenue for Ethereum miners is at an all-time high.
Market Wrap: Bitcoin Dips to $11.1K; Ether Mining Difficulty at Year High
Bitcoin’s price plunged Tuesday while DeFi is giving Ethereum miners more fee revenue, causing difficulty to hit a 2020 record.
Ethereum Miners' Income Soars by 60% in a Month and Outruns Ether's Price Jump
Ethereum miners may have benefited the most from ether’s recent price rise and soaring transaction fees.
Ethereum Developers Consider New Fee Model as Gas Costs Climb
With EIP 1559, Ethereum developers are proposing a dynamic pricing system to lower the blockchain network's current high gas fees.
Thousands of These Computers Were Mining Cryptocurrency. Now They're Working on Coronavirus Research
The largest U.S. Ethereum miner is redirecting the processing power of 6,000 specialized computer chips toward research to find a drug for the coronavirus.
Ethereum Miners' ETH Holdings Near Record Highs
Ethereum miners are hoarding ether tokens, and this could indicate high confidence in the project.
