The etherum merge is going to fall. The world's most influentialcryptocurrencies decided to ditch the harmful proof-of-work model for a cleaner one. One group isn't too happy about the change.
A group of miners who will lose their main source of income due to the switch have banded together to make sure that things stay the same. According to their account, this cohort is creating their own version of the ether block, called etherPoW, where they can keep mining.
They said in a Tuesday morning thread that the mainnet would happen within 24 hours. The exact time will be announced one hour before the launch with a timer.
This threat seems to be getting more real as of this morning. The cohort released a lot of server information and directives, pointing potential users to their new token.
According to the website of the company, the merger will make the operation more secure,Scalable, and sustainable, and will lower the environmental toll of energy intensive mining by 99.95 percent.
Well, all good changes. It's definitely true. It's for anyone who isn't a miner.
The value of the ETHW token went up 58 percent in the 24 hours after the anti-merge mining cohort's announcement. The environmental degradation sells.
Losing your main source of income is frightening. Mining operations are unsustainable and Earth doesn't have much wiggle room for unnecessary emissions. If there is a better way, it has to be taken by the cryptoosphere. It's not that way.
According to miners, they plan to fork the digital currency within a day.
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