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As the average hash rate rises above 900 TH/s, the Ethereum Merge may occur earlier than the planned September 15 deadline. The increase in hash rate suggests that before Ethereum moves from PoW to PoS, miners are trying to earn a profit.Merger Of Ethereum To Take Place Earlier Than ExpectedDevelopers and users of Ethereum are getting ready for the Merge, which will start on September 15. But it appears that the miners have different ideas. Miners are rushing to mine<a href="https://www.coingabbar.com/en/crypto-currency/ethereum-eth-prices-usd" rel="noopener noreferrer nofollow"> Ethereum (ETH)</a> before the Merge, which has caused the average hash rate to increase above 900 TH/s. This can result in the Merge occurring before September 15 instead.According to Vitalik Buterin, a co-founder of Ethereum, the Merge’s “precise timing depends on the hash rate.” Furthermore, at the TTD of 58750000000000000000000, the Merge will be initiated. The Merge will occur on September 15 thanks to an average hash rate of 872.2 TH/s.The merger could take place earlier than September 15 nevertheless, given the recent increase in the network hash rate. In fact, the Merge could occur on September 11 if the average hash rate stays above 900 TH/s. Additionally, the merge will take place between September 12 and 14 at the current hash rate levels. The projected date is September 14, according to the website WhenIsTheMerge.As long as the Merge takes place after the Bellatrix update on the Beacon Chain on September 6, there won’t be any issues. After the Paris upgrade has been running for 15 minutes, the Merge will be deemed complete. The Ethereum Mainnet will be updated with the Paris upgrade.Price of ETH After the MergeThe EIP-1559 burning mechanism will cause Ethereum’s (ETH) price to drop following the Merge. Additionally,<a href="https://www.coingabbar.com/en/crypto-currency-news-english/vitalik-people-continue-underrate-advantages-crypto-payment-2" rel="noopener noreferrer nofollow"> Vitalik Buterin</a> had already stated that following the Merge, the price of ETH will be deflationary and begin to rise under favourable market circumstances.Before the Merge, Ethereum traders intend to sell their holdings. In fact, whales are dumping their ETH holdings, which has caused the price of ETH to fall even before the Merge. The price of ETH is currently trading above $1500 and has decreased by around 3% during the past day. The price, according to the experts, might drop as low as $1,000.

Why an Ethereum merger may occur before September 15

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