Choosing Proof-of-Stake Over Mining Is Ethereum’s Biggest Mistake and Here Is Why

June 6, 2022

Years ago, Ethereum developers decided to quit cryptocurrency mining. And now, on June 8th, Ethereum’s test network called Ropsten will host the merge to shift to staking and abandon mining completely. On that day, only the test network will get an update, while the main cryptocurrency network will get it sometime in the near future. It means that staking is coming. In this article we are going to explain why quitting GPU mining is Ethereum’s biggest mistake.