Why can’t Ethereum be mined with graphics cards anymore?
First, a definition: Before “the Merge,” Ethereum produced an average of one block every 13 seconds. Afterward, it switched to one slot every 12 seconds, with at most one block per slot.
The idea: You can think of “the Merge” as changing the engine on a plane mid-flight: account balances, contracts, and transaction history all stayed the same; what changed was how blocks are produced.
After “the Merge,” newly issued $ETH is no longer given to miners, but is instead awarded to validators. Currently, 2440.51.
Verify information from multiple sources before taking action; don’t just take one person’s word for it.
First, a definition: Before “the Merge,” Ethereum produced an average of one block every 13 seconds. Afterward, it switched to one slot every 12 seconds, with at most one block per slot.
The idea: You can think of “the Merge” as changing the engine on a plane mid-flight: account balances, contracts, and transaction history all stayed the same; what changed was how blocks are produced.
After “the Merge,” newly issued $ETH is no longer given to miners, but is instead awarded to validators. Currently, 2440.51.
Verify information from multiple sources before taking action; don’t just take one person’s word for it.