The Ethereum Merge

Photo by Nenad Novaković on Unsplash

Ethereum sets to Merge on September 15.

This event is excellent news for many users but bad for the miners.

Miners are launching their own chain to oppose the Merge. One of them is ETHW. Since Ethereum shifts from Proof of Work to Proof of Stake, miners’ profits are likely dramatically reduced.

There are 4 phases of the Merge:

1) surge

2) verge

3) purge

4) splurge

Surge