Cryptocurrency Q&A
Can you mine ethereum in 2024?
Can you mine ethereum in 2024?
mia_rose_painter
Sun Dec 08 2024
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6 answers
1502
I'm wondering if it will still be possible to mine Ethereum in the year 2024, considering the changes in technology and regulations that might affect cryptocurrency mining.
6 answers
DigitalTreasureHunter
Tue Dec 10 2024
The answer to this inquiry is no. It is no longer feasible to mine Ethereum.
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CryptoPioneer
Tue Dec 10 2024
With Proof of Stake, the blockchain now only supports staking. This means that miners who previously participated in the network through mining are no longer required.
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Raffaele
Tue Dec 10 2024
The reason behind this change is that Ethereum underwent a significant transition.
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Giuseppe
Tue Dec 10 2024
In 2022, Ethereum shifted to a Proof of Stake network. This shift represents a fundamental alteration in how the blockchain operates.
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Lorenzo
Tue Dec 10 2024
The question arises whether Ethereum mining is still a viable option.
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