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Proof-of-Stake shift With the shift to the Proof-of-Stake protocol, the Ethereum network is able to verify transactions, making it easier for users on the network to stake coins. Have Your Own Idea? With some useful and unique features that sustain existing miners and attract new ones, the price of Ethereum is expected to go up, regardless of the correction experienced last year. Ethereum network, you need to own a mining rig or hardware that solves complex mathematical issues. However, two main differences exist between them: Proof-of-Stake and Smart Contracts. In addition to using GPUs, users can equally join a mining pool at affordable prices. Once the account is up and running, then the user can start mining Ethereum. Investopedia is quick to note that mining in this way doesnt mean he traditional methods of heading out on a claim with pickaxes and dynamite. For AMD users on the 970A chipset, the Athlon X3 445 is a good choice.