Insider Reports Suggest Chinese Miners Are Laser Focused On Ethereum Mining (Cryptoticker)


Source: digitalcoinowner.org digitalcoinowner.org

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Ethereum has recently started the transition towards the Proof Of Stake (POS) with the launch of Eth2 Phase 0 and the deposit contract. It’s still in motion and it won’t be until planned Phase 1.5 that the current Proof Of Work (POW) will stop being functional completely. Now, naturally this should discourage miners from purchasing further equipment or expanding their operation, however surprisingly insider reports suggest that the opposite is true. Ethereum 2.0 Exceeds Launch Requirements As Genesis Event Draws Near According to Colin Wu – a reporter focusing on the Chinese mining industry, the interest in Ethereum mining seems...