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PoW to PoS transition – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 18 Aug 2022 14:00:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png PoW to PoS transition – DIGIT INFO https://www.digit.info 32 32 Coinbase Could Be a Material ‘Beneficiary’ of Ethereum’s Merge Transition, JPMorgan Analyst Says https://www.digit.info/coinbase-could-be-a-material-beneficiary-of-ethereums-merge-transition-jpmorgan-analyst-says/ Thu, 18 Aug 2022 14:00:49 +0000 https://www.digit.info/2022/08/18/coinbase-could-be-a-material-beneficiary-of-ethereums-merge-transition-jpmorgan-analyst-says/ Read more]]> Coinbase Could Be a Material 'Beneficiary' of Ethereum's Merge Transition, JPMorgan Analyst SaysJPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K ethereum prices and a 5% ethereum yield, Worthington explained that The Merge could boost Coinbase’s annual income by $80 to $100 million from staking services. […]

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