Ethereum chain split is possible after the Merge, survey finds — But will ETC price keep climbing?

Ethereum’s proof-of-work (PoW) powered by GPUs generated approximately $19 billion in revenue last year for ETH miners. But these revenue streams are in danger as Ethereum is expected to become a proof-of-stake (PoS) blockchain via “the Merge” upgrade in September. Miners could then revolt against the new upgrade by continuing to mine on the old Ethereum …

Ethereum chain split is possible after the Merge, survey finds — But will ETC price keep climbing? Read More »