90% of PoW Miners Will Go Bankrupt – Predicts Ethereum Miner

90% of PoW Miners Will Go Bankrupt – Predicts Ethereum Miner


coinpedia
2022-09-17 10:45:43

The post 90% of PoW Miners Will Go Bankrupt – Predicts Ethereum Miner appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe crypto space is celebrating the innovative migration of the Ethereum mainnet; however, this merge does not mean the same for everyone as it brings some woes for miners. The mining difficulty for the Proof-of-Work (PoW) miners continues to rise as the newly merged Proof-of-Stake (PoS) model of Ethereum does not require mining Ether.  PoW …