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The real change will happen when Ethereum moves to PoS and overnight turns off PoW mining. It is estimated to happen by end of this year or Q1 2022.
by asenna 5y ago
The real change will happen when Ethereum moves to PoS and overnight turns off PoW mining. It is estimated to happen by end of this year or Q1 2022.
- tracedddd 5y agoIt was estimated to happen in Q1 2019, too. It looks more promising this time but I wouldn’t put much faith in Ethereum timelines.
- asenna 5y agoQ1 2019, there was no Beacon chain running. They're pretty much live already but only running the skeleton chain to make sure such a sensitive system is given time to test and work out the kinks. Given that the beacon chain has been running since December 2020 and people have locked in billions of $ worth of ETH, highly unlikely the switch will get delayed by long time now.