Ethereum Daily Update 3/10/2021

Ethereum Daily Update 3/10/2021

By @cryptofan | eth-update | 11 Mar 2021


Welcome to the Ethereum Daily Update's first post.

Today's news includes Ethereum miners found Nvidia Gpu hack, Ethereum Network Update might cause explosive growth, and more.

Some Ethereum Miners in China found a way to use the full mining power of the Nvidia GeForce RTX 3060.

They Accelerated the Gpu's mining Hash rate from 25 MH/s to 50 MH/s.

This seems to be the more realistic choice as it brings GPU performance up to date with the Nvidia GeForce RTX 3060 at a lower price and lower power consumption.

In today's other news, Ethereum Network Upgrade could cause explosive growth.

The changes would make a fee be sent to the network during a transaction which then in turn will be "destroyed".

Using the supply and demand model this will put pressure on the Ethereum price to go up.

And that is the Ethereum Daily Update for today.

 

 

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