Cryptocurrency Q&A Can you still mine Ethereum in 2024?

Can you still mine Ethereum in 2024?

GyeongjuGrace GyeongjuGrace Sun Dec 08 2024 | 7 answers 1544
I'm wondering if it's still possible to mine Ethereum in the year 2024, considering the changes in the crypto mining landscape and Ethereum's transition to a proof-of-stake model. Can you still mine Ethereum in 2024?

7 answers

Lorenzo Lorenzo Tue Dec 10 2024
This event marked the shift from Proof of Work (PoW) to Proof of Stake (PoS).

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Daniele Daniele Tue Dec 10 2024
As a result, Ethereum mining is no longer a feasible option for miners.

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benjamin_doe_philosopher benjamin_doe_philosopher Tue Dec 10 2024
The shift to PoS aims to make the Ethereum network more energy-efficient and sustainable.

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Elena Elena Tue Dec 10 2024
Despite the end of mining, there is an alternative method for earning rewards on Ethereum.

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SamsungShineBrightnessRadiance SamsungShineBrightnessRadiance Tue Dec 10 2024
Ethereum mining has undergone a significant transformation with the Ethereum Merge.

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