The era of large-scale graphics card mining ended, the merger of Taifang was completed, and the complete transition from PoW to PoS was completed.

Thank CTOnews.com netizens for twinkling, Hi_geek clue delivery! CTOnews.com September 15 news, this afternoon, Yi Tai Fong "merger" (The Merge) completed, ETH entered the 2.0 era, a complete transition from PoW to PoS.

At present, the currency price of Etay Fong is about 1600 US dollars.

CTOnews.com has learned that ethernet Fong is a public blockchain platform and its cryptocurrency is ETH. Tai Fong is now turning to the proof of Rights (PoS) mechanism. For miners, if mining on the etherfang main network, after the merger, each network will operate entirely based on the PoS interest proof mechanism, and the traditional workload proof (PoW) mining will no longer be carried out on the etherfang network.

In the past few years, a large number of so-called "mine owners" have purchased high-performance graphics cards to dig ETH mines, resulting in high graphics card prices. Now, with the advent of ETH 2.0, the graphics card market is expected to return to normal.