With Ethereum successfully transitioning to the proof of stake consensus, the miners had to look for alternate options. The Ethereum developers had for a long time suggested miners migrate to other proof of work projects like Ethereum Classic. Prior to the Merge, there was reasonable social activity around proof of work based blockchain networks. On the other side, a White House report on energy usage indicated that the U.S. government would have to curtail mining dependent on excessive energy usage.
Where Did Ethereum Miners Migrate To Post Merge?
coingape.com
18 September 2022 04:55, UTC