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My only crypto-mining success is that I mined an ether back in the day when it was worth $10. I have it stashed away for a rainy day, but I have no idea if it's
by amanzi 4y ago
My only crypto-mining success is that I mined an ether back in the day when it was worth $10. I have it stashed away for a rainy day, but I have no idea if it's going to be worth anything in the future. Can anyone give a TLDR of what this merge means?
- bsaul 4y agoThey changed the underlying algorithm for determining who to trust to validate transactions in the system. This new algorithm requires 1% of the computer power of the previous one, and supposedly work just as fine.
- mratsim 4y ago0.0089%: source https://ethereum.org/en/energy-consumption/ https://ethereum.org/en/energy-consumption/ using Digiconomist figures. 22000x less energy consumed than Youtube or gold mining and 10000x less than Netflix.