The second largest token by market capitalization, Ethereum, is preparing for a new project in which it intends to end GPU mining operations by the end of the third quarter of the year. According to research, the blockchain The team is looking to change their crypto mining process to one involving contribution testing. If so, it completely changes the crypto-mining scheme into one of the most popular tokens on the market.
Although Ether shows a soft nature, the crypto must be mined. This also applies to tokens such as Bitcoin, which ranks number one in decentralized commerce.
Ethereum: from GPU mining to contribution testing
Since the inception of Ether Blockchain, its mining process relies on the use of GPUs, like other cryptos. It is a mechanism that requires GPU machines that perform the token mining task and usually consume a lot of power. This work has been widely criticized for its impact on the environment and its sometimes excessive power consumption.
After several years of development of the Ethereum network, its director decided to carry out new tests where the use of the GPU is to be changed for a more user-friendly technology. The ETH team will seek to launch the project by September 19 once its operating plan, “The Merge”, is complete. This scheme promises to mint a number of coins in the node to have more control over ETH mining.
ETH network will stop uncontrolled crypto mining
According to one of Ethereum’s programmers, Edgington Ben, this is a merging of orders for the people running the nodes. They must also renew their way of working to recognize this new pattern. The project will seek to eliminate large GPU-powered rigs that burn millions of kilowatt hours, which would benefit the environment.
The Ethereum project could be a source of inspiration for other crypto companies that enable GPU mining of their units and try to reorganize that aspect. Over the past decade, the Ether network has been causing a CPU shortage as many enthusiasts have sought to mine the token through a huge array of CPUs. Although the output of ETH of crypto mining, this problem will be mitigated, not eliminated.
It is good to know that there are still many cryptocurrencies, and these are released monthly, requiring GPU mining. However, they are a minority who need an approximate amount of power greater than what ETH needs to do the job. Not all of these developments in ETH will affect the value of the token, which is currently recovering after losing more than 50% of its value in previous months.