Ethereum Miner Upgrades to Staking

[_BHOSALEAJAY9869]

                         ETHERMINE

Ethermine, one of the biggest ethereum mining pool, has announced the launch of Ethermine Staking Beta.

“Ethermine Staking is the first regulated Austrian investment offering based on Ethereum Proof-of-Stake,” the pool said.

“Ethermine Staking requires KYC to meet regulatory standards, and we will not be able to onboard customers from the U.S. for the foreseeable future,” the pool said.

While Proof of Work (PoW) miners will no longer play a role in ethereum after June by our estimates when eth upgrades to full Proof of Stake (PoS).

Something that should please gamers, unless some of these miners just keep the PoW chain running alongside the PoS network, creating two fairly identical blockchains.