Why miners are afraid of the transition of Ethereum to POS et | Cryptoage.com

Why miners are afraid of the transition of Ethereum to POS

eth miner pos powEthereum is the second most popular and traded cryptocurrency in the world after Bitcoin. And unlike Bitcoin, it can be mined not only on ASIC miners, but also on video cards. Which makes it one of the most popular and profitable cryptocurrencies for mining over the past 7 years since its introduction in 2015. Another proof of the popularity of Ethereum mining is the total network hashrate of 900Th / s, which is equivalent to 30,000,000 simultaneously running RX580-level video cards. Over these 7 years, we have repeatedly seen the emergence of more "promising" and "profitable" crypto projects, but as time passes, few will remember about them, so Ethereum mining, like Bitcoin, is perceived as a reliable and predictable business project. At least this will be true until the transition of Ethereum from POW mining to POS mining, which is expected to take place as early as September 2022. 
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