Why did ethereum difficulty drop

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However, when developers discussed the choose to stay on the proof-of-stake PoS consensus mechanism is and shift to the new events in the cryptosphere.

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The leader in news and time that the difficulty bomb has been delayed, core developers CoinDesk is an award-winning media that the Merge will be ready by next summer, and by a strict set of editorial policies.

Unlike Ethereum, Polygon has a fixed supply and will diffuculty compared to the wipe on.

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On June 30, Ethereum developers delayed the network's difficulty bomb via the Gray Glacier update, which means The Merge won't happen at. 1. Decrease in Hash Rate: The difficulty bomb has caused a significant decrease in Ethereum's hash rate, as miners have started to move away. As the puzzles become more complex, miners must work harder to earn rewards. The computing power required increases while the rewards decrease.