ET Money Show: Reasons why cryptominers migrating to equities

A big move took place in the world of crypto markets yesterday. Ethereum, the most popular cryptocurrency platform, appears to have successfully upgraded its software architecture from a type of blockchain known as a "proof of work", which it has operated since its inception. in 2015, into a type of blockchain called "proof of stake". . This upgrade, known simply as the “merger,” was heralded as a watershed moment in crypto history. Founder of Coin Crunch India, Naimish Sanghvi, discusses the dynamics of the crypto world. We look at the reasons for switching from crypto to securities.