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Ethereum preps for 'Gray Glacier' but price shows no support

Summary by Ground News
The Gray Glacier upgrade is scheduled to take place on the 29th of June. The upgrade will push back the difficulty bomb by 700,000 blocks. The difficulty bomb increases the computing difficulty of mining further. Once the bomb detonates, the transition to Proof-of-Stake will be initiated.

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watcher.guru broke the news in on Friday, June 17, 2022.
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