Tag: Difficulty Bomb

Ethereum Developers Contemplate Delaying Difficulty Bomb by Another 1.4 Years

Ethereum users and miners are well aware of how the mining difficulty is going up at an alarming rate. Mining Ether will eventually become virtually impossible due to the difficulty bomb. One way to counter this problem would be by switching over to proof-of-stake, which is what its developers are currently working on. However, a new EIP proposes to delay the difficulty bomb for another 18 months. This is an interesting concept, but …
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What is the Ethereum Difficulty Bomb?

Over the past few months, there has been a lot of speculation regarding Ethereum’s mining difficulty. This problem is known as the Difficult Bomb, and it poses a significant threat to the ecosystem. Or that is what most people think will happen if things ever come to such a point. Switching to proof-of-stake should make this a non-issue, though. Now is a good time to look at Ethereum’s difficulty bomb …
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