Cryptocurrency Q&A
Why can't Ethereum be mined?
Why can't Ethereum be mined?
Alessandro
Sat Dec 07 2024
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7
answers
1537
I'm trying to understand why Ethereum cannot be mined. Is it due to technical difficulties, economic reasons, or some other factors? I've heard about mining difficulty adjustments and algorithms but need a clear explanation.
7 answers
charlotte_wilson_coder
Mon Dec 09 2024
This shift has rendered the traditional mining process obsolete.
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CryptoWizardry
Mon Dec 09 2024
In comparison to mining, staking requires significantly less computational resources.
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Chiara
Mon Dec 09 2024
However, there is a new method to earn profits from Ethereum.
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JejuJoyfulHeartSoul
Mon Dec 09 2024
Staking Ethereum has emerged as a simple alternative to mining.
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BlockchainBaronGuard
Mon Dec 09 2024
Ethereum mining has ceased to be a viable option as a result of the blockchain's transition to Proof of Stake (PoS).
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