Ethereum’s Massive Merge Upgrade Successfully Went Live
With this historic upgrade, there would be a reduction in energy consumption by roughly 99.95%
Ethereum has swapped out miners for validators making the protocol safer and extra sustainable.
This upgrade has significantly reduced the supply of Ether tokens in circulation, eventually making Ether a deflationary currency.
Singapore's biggest bank DBS to acquire land in The Sandbox metaverse
DBS has partnered with The Sandbox to create a metaverse experience.
The bank will also buy a 3×3 land plot in The Sandbox.
DBS to develop "BetterWorld," an interactive metaverse experience showcasing the importance of building a better, more sustainable world.
State of Ethereum Miners after “The Merge”
In the post-Merge world of GPU mining, those without the most efficient hardware and lowest cost of power will have a hard time competing to mine other proof-of-work coins.
As most of Ethereum’s hash rate flows over to other coins like Ethereum Classic, their profitability will plummet. Miners hope the value of those other blockchains can grow over time.
Miners are moving to ETHW, FLUX, ERGO, ETC, and RVN as alternatives.