6 Hours Until Ethereum's Merge: What You Need To Know

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Ethereum's key developers spent years preparing for the event. After many delays, Ethereum's proof-of-work and proof-of-stake networks

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The merger may make the network more energy-efficient. Energy-intensive crypto mining. Proof-of-stake will eliminate mining

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It's also helpful for Ethereum's story. Investors who avoided cryptocurrencies due to ESG norms or moral problems over

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highlighting mining's energy use. Ethereum's cleaner solution might rival Bitcoin's market valuation.

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Merge will lower Ethereum's supply. Proof-of-stake miners get ETH for verifying blocks. After the Merge, miners won't get ETH,

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Miners have had to cover the cost of their expensive hardware and energy use, which has put bearish pressure on ETH

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The event will encourage more layer-2 scaling solutions, which have been the best for high ETH gas fees.

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