Weekends are for Football and chicken T-shirt
Official Weekends are for Football and chicken T-shirt
market cap,” Deutsche Bank research analyst Marion Laboure wrote in a note this week. “Happy merge all,” Vitalik Buterin, the Official Weekends are for Football and chicken T-shirt it is in the first place but 28-year-old Russian-Canadian programmer who helped create Ethereum said on Twitter. “This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today,” he added. The co-founder said that the upgrade will “reduce worldwide electricity consumption by 0.2%.” While cryptocurrencies have seen a phenomenal rise in the last few years, observers say they’re terrible for the environment. According to Digiconomist, a platform that tracks crypto energy usage, a single Ethereum transaction is equivalent to the weekly power consumption of an average US household. Earlier this month, Digiconomist said that the power saved as a result of the upgrade would “likely be equivalent to the electrical energy consumption of a country like Portugal.” It could also become the “final nail in the coffin” for bitcoin’s transaction mechanism. Ethereum was down 0.7% after the news, trading at $1,592.78, but analysts say the upgrade could have a big impact on the crypto world in the long run. The world’s most valuable cryptocurrency, bitcoin, was down almost 1%, trading at $20,174, according to CoinDesk. “It’s been a long time in the making and the question on traders’ lips right now is will it be the next bullish catalyst for cryptos or a “sell the fact” event,” wrote Craig Erlam, a senior market analyst at Oanda, in a note on Thursday. PAID PARTNER CONTENT MORE FROM Russian businessman’s body found in latest… South Korea issues arrest warrant for developer of failed… Why the threat of a rail strike is delayed but not gone Analysis: What you need to know about the ethereum ‘merge’
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