Morgan Stanley expects the demand for graphics processing units (GPUs) to decline later this year. This could happen once the Ethereum blockchains planned switch to a proof-of-stake (PoS) model is completed. In a report published on Monday, Morgan Stanley said that the Ethereum blockchains shift from the current proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) model, also known as the Merge, will remove the need for Ethereum (ETH) miners and reduce energy requirements, Coindesk reported. Without miners, there would no longer be a demand for GPUs for use in ETH...
source: https://tokenpost.com/Ethereums-switch-to-the-proof-of-stake-PoS-model-could-reduce-demand-for-GPUs-9659
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.