- Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing.
- The migration to the new consensus mechanism means that powerful coin minting hardware is no longer needed to perform complex mathematical computations and this kind of equipment has become almost useless.
- The man wanted to start minting other coins but gave up on this plan after estimating that the electricity bills would be too high to make a profit.
Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge
