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Ethereum Classic experiences massive hashrate increase as GPU miners migrate from Ethereum following the proof-of-stake transition.
Ethereum Classic activated Thanos at block 11,700,000 on November 28, 2020, doubling the DAG epoch length to keep 4GB GPUs mining and establishing the Etchash algorithm.
Following Ethereum's transition to proof-of-stake, Ethereum Classic becomes the primary destination for displaced GPU miners seeking proof-of-work opportunities.
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