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As China Miner Contests Ethereum Merge, BitMEX Offers Strategy on Potential 'ETHPoW' Split
It’s little more than speculation now that some Ethereum miners might break away when the world’s second-biggest blockchain shifts as soon as September to a new “proof-of-stake” system that’s supposed to be better for the environment. But with the Ethereum “Merge” still at least a month away, some analysts are already sharpening their pencils on various strategies to profit from any revolt in the ranks. According to Decrypt, Chinese crypto miner Chandler Guo has started a campaign to fork the Ethereum blockchain and create a spinoff, hewing to the “proof-of-work” (PoW) system that Ethereum uses now. ... (full story)