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Buterin Says Any Ethereum Miner Migration Won’t Slow Merge

  • The software change will make the chain more energy efficient
  • Developers, users fear disruptions as the day draws near
Vitalik Buterin

Vitalik Buterin

Photographer: Chet Strange/Bloomberg
Updated on

Ethereum co-founder Vitalik Buterin said the blockchain’s software transition is unlikely to be significantly impacted even if some miners gravitate to alternative chains to mint tokens.

Ethereum Classic, an earlier fork which still uses the proof-of-work mechanism that relies on massive electricity, could be one of the biggest beneficiaries of any miner exodus. Ethereum’s upgrade is expected to impact earnings for as many as one million miners. Some that are already looking for a platform for their costly mining equipment may turn to Ethereum Classic.