The supply problems in the graphics card industry today are expected to ease with the release of Ethereum 2.0. Tim Beiko, the developer of the popular cryptocurrency, made new statements on his Twitter account about the ‘The Merge’ update, which has been delayed for almost two years.
Postponed once again
Ethereum, as it is known, is Proof of Work, a system where miners who hold most of the processing power have a greater say in the network and therefore earn more returns. uses the model. The transition to the Proof of Stake model, which will eliminate the energy consumption problem of this system, was expected to take place in June.
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Stating on Twitter that the full transition planned in June has been delayed and that it will happen “probably in a few months”, Beiko stated that the last parts of the Proof of Work model have been reached. Although the planned delay will be short, we can say that the news came with the start of price decreases in the graphics card market.
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