It’s no secret that Grayscale Ethereum Trust (GETH) has been trading at a discount to its net asset value (NAV) for some time now.

The premium or discount that a closed-end fund (CEF) trades at relative to its NAV is an important metric for CEF investors to watch. A fund trading at a discount is generally considered to be a bargain, while a fund trading at a premium is considered to be expensive.

The current discounts of popular CEFs can be seen in the table below. As you can see, GETH is trading at a 9.

71% discount to its NAV, while the average premium/discount for all CEFs in the table is 0.61%. .

So, why is GETH trading at such a large discount? And is this discount justified?

There are several reasons why GETH might be trading at a discount. First, as a newer CEF, GETH doesn’t have the same track record as some of the other funds in the table.

This lack of history may make investors hesitant to pay NAV for the fund.

Second, GETH’s strategy of investing in Ethereum (ETH) may be perceived as riskier than the strategies of some of the other funds in the table. For example, The Gabelli Gold Fund invests in gold bullion, which is considered by many to be a safe haven asset.

In contrast, ETH is a relatively new and volatile asset that doesn’t have the same track record as gold.

Finally, it’s worth noting that GETH isn’t the only CEF trading at a discount. As you can see from the table, there are several other funds trading at discounts to their NAVs.

So, is GETH’s discount justified? That’s hard to say. While there are some reasons why GETH might trade at a discount, it’s also possible that the discount is simply due to investor sentiment and will eventually disappear.

Only time will tell.

GPU mining is the process of mining cryptocurrencies using a GPU. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

These applications are run on a blockchain, a decentralized database that is kept running by computers all over the world. Ethereum can be used to build Decentralized Autonomous Organizations (DAO).

A DAO is an organization that is run by code, not by people.

The code is written on the Ethereum blockchain and is enforced by the network of computers that run the Ethereum protocol. The code can be used to create contracts that automatically execute when certain conditions are met.

GPU mining is the process of mining cryptocurrencies using a GPU. A GPU is a type of computer chip that is designed to handle graphics processing.

GPUs are often used for gaming and video editing, but they can also be used for cryptocurrency mining.

Cryptocurrency mining is the process of verifying transactions and adding them to the blockchain. Miners are rewarded with cryptocurrency for their work.

Ethereum miners are rewarded with ether, the native cryptocurrency of the Ethereum network.

GPU mining was once very profitable, but it has become increasingly difficult as the Ethereum network has grown. The difficulty of mining Ether has increased by orders of magnitude since 2016, and even the most powerful GPUs are no longer able to mine profitably at scale.

The high cost of electricity and the need for specialized hardware have made GPU mining unprofitable for most people. As a result, many miners have turned to other cryptocurrencies or stopped mining altogether.

The death of GPU mining would be a major blow to Ethereum. The network depends on miners to verify transactions and secure the blockchain.

If too few people are willing to mine, the network will become less secure and transaction fees will rise sharply.

Ethereum has already taken steps to address this problem by moving to a proof-of-stake consensus algorithm, which does not require specialized hardware or large amounts of electricity. However, this transition will take place over several years, and in the meantime, GPU miners are still needed to keep the network secure.

GPU mining is not dead yet, but it is certainly in decline. The high costs of electricity and specialized hardware make it unprofitable for most people.

As Ethereum transitions to proof-of-stake, fewer miners will be needed to keep the network secure. However, this transition will take place over several years, so GPU miners will still be needed in the meantime.

Fantom is a smart contract platform that claims to be faster, cheaper, and more scalable than Ethereum. Fantom uses a directed acyclic graph (DAG) data structure instead of a blockchain, which it claims allows for faster transaction speeds and higher scalability.

Fantom also has a unique consensus mechanism called Opera Consensus, which is based on delegated proof-of-stake (DPoS). Under this system, there are only a limited number of validators who can verify transactions and add them to the DAG.

This is different from Ethereum’s proof-of-work (PoW) consensus mechanism, which requires all nodes in the network to verify transactions.

So, is Fantom really better than Ethereum? Let’s take a closer look.

Transaction Speed

Fantom claims to be able to process up to 10,000 transactions per second (TPS), which is much faster than Ethereum’s current TPS of 15-20. However, it’s important to note that Fantom’s testnet has not yet been launched, so these numbers are based on theoretical data.

Once the testnet is launched and we have actual data to compare, we’ll have a better idea of how fast Fantom really is.

Scalability

Fantom’s DAG-based data structure should theoretically allow it to scale much better than Ethereum’s blockchain. However, again, we won’t know for sure until the testnet is launched and we can see how Fantom performs in practice.

Cost

Fantom claims that its transaction fees will be much lower than Ethereum’s. This is because Fantom uses a gasless model in which users don’t have to pay gas fees for each transaction they make.

Instead, they simply need to hold a certain amount of FTM tokens in their wallets. We’ll have to wait and see how this works in practice when the mainnet launches.

Conclusion

So, Is Fantom better than Ethereum? It’s too early to say for sure. Fantom has some promising features that could make it a more scalable and efficient platform than Ethereum.

However, we won’t know for certain until the Fantom mainnet launches and we can see how it performs in practice.

When it comes to Ethereum, there is a lot of debate surrounding its supply. Some say that it is unlimited, while others believe that there is a finite amount. So, what is the truth? Is Ethereum’s supply truly unlimited?

Before we can answer that question, we need to understand what Ethereum is and how it works. Ethereum is a decentralized platform that runs smart contracts.

These contracts are written in code and run on the Ethereum blockchain. The blockchain is a public ledger of all transactions that have ever occurred on the network.

Ethereum was created by Vitalik Buterin in 2014. He proposed that Ethereum could be used as a platform for decentralized applications (dapps).

Dapps are applications that run on a decentralized network, such as the Ethereum blockchain.

The code for dapps is open source, which means anyone can contribute to their development. This makes dapps very different from traditional applications, which are developed by centralised companies.

Dapps have many advantages over traditional applications. They are more secure, because they are not stored in a central location.

They are also more resilient, because they can continue to operate even if part of the network goes offline.

Ethereum’s native currency is called Ether. Ether is used to pay for transaction fees and gas costs associated with running smart contracts on the network.

So, back to the question at hand – Is Ethereum’s supply truly unlimited? The answer is complicated. The total supply of Ether is not infinite, but it is not fixed either. The amount of Ether in circulation will increase over time as more people use the network and more transactions are processed.

However, there is no hard cap on the total supply of Ether. So, while we cannot say for certain that the supply of Ether is unlimited, it does appear to be very close to it.