It’s never a dull week in crypto! From the long-awaited Ethereum Merge moving closer, to one of Ethereum’s oldest architects calling the ecosystem a ‘circus,’ let’s find out what went down in crypto this week! Don’t forget to sub!
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Ethereum’s move to Proof of Stake has been in the pipeline for well over five years, but it seems like it is finally going to be executed and implemented within the next few weeks! This will lead to the end of ALL Ethereum mining – whether that’s ASIC miners or GPUs, nobody will be able to mine ETH anymore once the Merge takes place. What does this mean for the Ethereum miners, as well as for the crypto ecosystem as a whole? With other cryptocurrencies being cited as “securities,” we may also be in for a lot more regulation and control from the SEC and the government. All the while NFT volume on OpenSea drops by 99%! With the huge success of the NFT space over the last year, we may very well see even further decline as market volatility grows and global economies suffer! But are there still a few gems amidst the sea of worthless NFTs?
📑 Crypto News 📑
Read the full Ethereum Mainnet Merge Announcement! –
DAO creator calls Ethereum ecosystem a ‘circus’ –
THORSwap goes cross-chain –
Certain cryptocurrencies may be considered “securities” –
NFT volume on OpenSea plunges 99% in 90 days! –
⏰ Timestamps ⏰
00:00 Huge crypto news ahead of ETH Merge!
00:33 Ethereum Mainnet Merge news
02:33 The DAO architect calls Ethereum a “circus”
04:19 Thorswap DEX aggregator goes cross-chain
05:53 NFT project gets renewed hype?
08:30 OpenSea volume is down 99%!
09:40 F1 looks into NFTs
11:30 Trading crypto with Margex
14:09 Old crypto projects may be securities!
19:08 VoskCoin crypto news update
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My friend bought $50k+ ETH miners lesser than a year ago… he's so mad! Hope it's gonna take longer for the merge🥲
NFTs are dead, dude. It's over, and never was. Owning a jpg was always a dumb idea.
Are you going to mine ergo just curious
I've never had any faith in the current use case of NFTs. Perhaps owning a well known digital asset that can be proven publicly has some future value, but buying a crap variation of a badly drawn monkey was a way to rinse money out of dumbasses.
PoS isn't really secure, neither really decentralised.
NFT "art" is dumb, but I think that NFT gaming is here to stay.
pulsechain bro
do a video on KDA NFT mining. if this layer one pow can do what they say it can then its flat out 100x better and could one day compete with btc. KMC has .64 TH for 300$ 4 year warrantee FSYC will be offering 1-1.3 TH for 400$ and KH has a LIFETIME percentage of mining rewards attached to every minted nft 160-1000$. Crazy good prices per TH + nft hype + actual utility + you can sell easily NFT miner next bull run at ATH without 3rd party and scams + no heat + no electricity.
It will happened but your ETH will be locked for months
Helium…. $3.96 and dropping…lol
YOUR ECHO CHAMBER IS TOO LOUD BRUV GO TOUCH GRASS INSTEAD OF ALL THAT WASTED GRAVEL
Those that are into ETH GPU mining should really look into FLUX mining
I wonder if the masses of large-scale ETH miners are going to move to other coins with the cheap electricity deals and funding, and destroy profitability everywhere else soon. Makes me wonder if mining as a whole is going away for the average guy.
I’m mining ETH, I’ll do it till it goes negative
Death to horizon!!!! 🔥
Found out that QatarBet is the hidden gem of football NFT betting games in the World Cup 2022. Understanding the passion for collecting football cards, QatarBet has made traditional collectible football cards into NFTs to use in the betting game. QatarBet is the super potential to be Moon soon!
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It takes up to entire rack at cloud service providers facilities to run a single node for ETH. How will this be a 99.95% reduction in power consumption? "It's just as safe as PoW". How? Solana has crashed 3 times this year! Non of the arguments they are making even start to make logical sense to anyone that has spent over a day researching crypto.
I currently moved over to #SpaceXpanse #ROD
Their using Unreal Engine 5 for the project!
#SpreadTheROD
Nfts amd crypto aren’t coming back!
Sweet i can finally buy a 3080ti
The merge won't change much actually. Gas fees will remain the same. I think most people will stick to Tron for USDT transactions.
the ethereum merge will be bugged to destroy bitcon and ethereum
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