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A comment on BTC Hashrate dropped another 27% down ~62% form peak now at 2019 levels. Parent comment

Re:BTC Hashrate dropped another 27% down ~62% form peak now ... by asenna on Monday June 28, 2021 @09:40AM (#27661818)
The real change will happen when Ethereum moves to PoS and overnight turns off PoW mining. It is estimated to happen by end of this year or Q1 2022.
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Re:BTC Hashrate dropped another 27% down ~62% form peak now ... by tracedddd on Monday June 28, 2021 @12:15PM (#27663786)
It was estimated to happen in Q1 2019, too. It looks more promising this time but I wouldn’t put much faith in Ethereum timelines.
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Re:BTC Hashrate dropped another 27% down ~62% form peak now ... by asenna on Monday June 28, 2021 @04:42PM (#27667818)
Q1 2019, there was no Beacon chain running. They're pretty much live already but only running the skeleton chain to make sure such a sensitive system is given time to test and work out the kinks.

Given that the beacon chain has been running since December 2020 and people have locked in billions of $ worth of ETH, highly unlikely the switch will get delayed by long time now.

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