Here's why.
earlier this summer. "No one really knows what’s going to happen. There are a lot of people who I think are in denial."
The Ethereum blockchain is expected to move from a proof-of-work to a proof-of-stake model in less than a week, following years of delays. In simple terms, mining Ethereum will soon no longer involve a highly power hungry process that the crypto mining industry has built entire businesses around. Instead, it'll move to a model in which miners validate transactions on the blockchain through a new consensus protocol.
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