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I thought ethereum would move to Proof of State from Proof of Work which will make mining as it's obsolete. https://www.ethnews.com/proof-of-work-vs-proof-of-s

• e79 9y ago
  Yes, although my understanding is that the transition will be gradual. PoW rewards will gradually decrease while PoS rewards gradually increase, facilitating the tranisitioon without all miners jumping ship. Miners who are invested in Ethereum may choose to convert their mining profits into stake.
• deleted 9y ago
  [deleted]