Ethereum ‘Merge’ has huge implications for crypto mining and Bitcoin. Here’s what you need to know

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Euronews (English)

The world’s second-largest cryptocurrency is undergoing a significant transformation that will change its technology to cut carbon emissions by more than 99 per cent, according to its platform Ethereum. The transition known as “the Merge” is coming to Ethereum, which will upgrade its blockchain technology from the intensive energy-consuming model used by its rival Bitcoin. While anticipation around the move has seen the price of Ethereum’s token, Ether (ETH), double in the last two months, not everyone is looking forward to the change. Euronews Next looks at what is changing and how the transf…

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