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Web16 sep. 2024 · As miners started flocking to the fork post-Merge, the increased supply of compute power has already made it nearly impossible for miners to turn a profit. Enlarge / The total hashrate for... WebVandaag · Mining is the process of creating a block of transactions to be added to the Ethereum blockchain in Ethereum's now-deprecated proof-of-work architecture. The word mining originates in the context of the gold analogy for cryptocurrencies. Gold or precious metals are scarce, so are digital tokens, and the only way to increase the total volume in ... magill spatel
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