The highly anticipated Ethereum Merge (transition to Proof-of-stake) was previously expected to take place between May and June of 2022. However, prominent Ethereum developer Tim Beiko has hinted at further dates.

Ethereum (ETH) developer Tim Beiko was asked on Twitter whether his previous predictions for Ethereum's transition to Proof of Stake (PoS) consensus still hold.

   "Appreciate the reply. Still looking like June for the plug pull or will the mining community have some more time?"

"It won't be June, but likely in the few months after. No firm date yet, but we're definitely in the final chapter of PoW on Ethereum."

Ethereum PoSBeiko's comment came after an Ethereum miner on Twitter asked if miners would be left exposed with the transition to non-mining Proof-of-stake (PoS). Beiko also answered this question as follows:

   "At this point, I recommend not investing any further in mining equipment."

Tim Beiko also shared the Ethereum core developers' briefing on the latest Merge updates.

There is speculation that Ethereum's transition to Proof-of-stake (PoS) could be delayed even more. In the summer on the Ethereum miners' Reddit forum, a mining operator said that they "reviewed the code and are running nodes on their merge testnet and do not believe it will be ready by 2023."

Ethereum Eth-5

Canada-based mining company Hut also said in a statement on February 8 that it would not be affected by the transition of Ethereum to Proof-of-stake (PoS). Sue Ennis, Hut Vice President of Corporate Development and Investor Relations, said:

   "We're hearing that Ethereum's (ETH) transition to proof-of-stake is a long way off because it's clearly a management issue, not a technology issue."