Proof of Stake

I decided to shut down my ETH mining operations a few hours before the Merge last night. It was getting close to midnight, and I didn't want my mining rigs grinding away at "nothing" in the middle of the night. So, with all due pomp and circumstance, I began an orderly, ceremonious abandonment of my mining operations. Continue Reading →

Ethereum, the second-largest cryptocurrency by market cap, has successfully tested the "Merge," which is now planned for mid-September 2022. The Merge is what engineers are calling the transition of the Ethereum blockchain's Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS). Continue Reading →

SparkPool, the second largest Ethereum mining pool, will close its doors by September 30. At this writing, PoolWatch.io says Hangzhou-based SparkPool is responsible for ~122.5 TH/s (roughly 18.5%) of all Ethereum mining. Continue Reading →