Ethereum Classic Pumps 26% as Miners Make Switch ahead of ETH Merge

By CryptoNews - 1 year ago - Reading Time: 1 minutes

Ethereum Classic Pumps 26% as Miners Make Switch ahead of ETH Merge

Ethereum Classic has pumped 26% in the last 24hrs as miners continue to make the switch from Ethereum ahead of The Merge.
With Ethereum (ETH) switching from a Proof-of-Work to a Proof-of-Stake (PoS) consensus - scheduled for September 19 - there has been a marked increase in the network hashrate for Ethereum Classic (ETC), which will not convert to the PoS algorithm....
Read More: Ethereum Classic Pumps 26% as Miners Make Switch ahead of ETH Merge

Original source: CryptoNews