Cryptoknowmics
2022-09-15 13:05:06

The Final PoW Ethereum Block Mined Used to Mint a Single NFT

A single NFT was created using the last Ethereum block mined before the network moved from Proof-of-Work (PoW) consensus, costing around $50,000. According to the founder of VanityBlocks, MonkeyOnTheLoose, the NFT is a vanity block developed by the VanityBlocks team. A purposefully significant transaction that takes up the entire block, leaving no capacity for additional trades, makes up a vanity block. You make the commitment and nature will respond to that commitment by removing impossible obstacles. Dream the impossible dream and the world will not grind you under, it will lift you up. This is the trick.https://t.co/JGGr8vrcDK — vanityblocks.eth (✨,🛢️) (@VanityBlocks) September 15, 2022 The Last PoW Block Like all VanityBlocks, the NFT is titled “The Last PoW Block” and features a pair of eyes looking out from a dark background. MonkeyOnTheLoose revealed on Thursday that the company had been working on this final-block project for over a month despite knowing it had a remote chance of succeeding. The final Proof-of-Work block also contained the text, “You make the commitment, and nature will respond to that commitment by removing impossible obstacles. Dream the impossible dream, and the world will not grind you under; it will lift you. This is the trick.” VanityBlocks – Expensive Technique For NFT Generation An expensive technique to generate NFTs is via VanityBlocks. To mint the NFT, VanityBlocks paid mining pool F2Pool d...

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.