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The cryptocurrency aggregator CoinGecko conducted a study to find out how much the crypto community of different countries is interested in the future merger of the Ethereum network.
To assess the interest, CoinGecko analysts turned to Google Trends search query data in the context of the upcoming Ethereum merger, namely: "Ethereum Merge", "ETH Merge", "Ethereum", "ETH", "ETH Classic", "Ethereum Classic", "ETH Merger", "Ethereum PoW", "ETH PoW", "Ethereum PoS" and "ETH PoS", as well as "PoW" and "PoS". These terms were then combined to assign each country a "common search score" and find out where people were most interested in finding information about the merger of the Ethereum network for the period from July 1 to September 4, 2022.
The distribution of the results revealed eight countries most interested in the future merger of Ethereum.
According to the research report, Singapore is confidently leading with a total search result of 377 points: its population showed the highest search levels for the phrases "Ethereum Merger", "ETH Classic" and "Ethereum". The city-state ranked second in the search for the words "ETH Merger" after Switzerland.
Switzerland and Canada shared second place with a total of 286 search points each. In Switzerland, "ETH" and "ETH Merge" were most often searched for. At the same time, Canada ranks first in the world for the search query "ETH PoW".
Germany, the USA and Turkey have the highest level of search for the term "Ethereum PoW", and the Netherlands and Australia occupy the third and fourth places in terms of search for the query "ETH Merge".
"The expectation of the merger is at an all-time high, as the consequences of the event will affect the entire ecosystem of cryptocurrencies. The top 8 rankings in this list cover countries with strong communities, which may explain the high search results in this study," explained CoinGecko Director and co—founder Bobby Ong.
Search queries related to proof of work (ETH PoW) exceeded requests for proof of stake (ETH PoS) by 169%, which shows the high concern of the mining community about the upcoming merger. And also, perhaps, reflects the desire to find an alternative niche for the use of equipment.
Another interesting conclusion can be drawn based on the analysis of the search queries "Ethereum" and "ETH", which are 40% more common than the queries "Ethereum Classic" and "ETH Classic".
Despite the fact that Ethereum co-founder Vitalik Buterin called Ethereum Classic an excellent network for the transition of miners and other fans of the Proof-of-Work algorithm, it seems that most of the crypto community adheres to the position of Cardano founder Charles Hoskinson, who called the Ethereum Classic network "a useless blockchain that does not realize all the available potential."
Recently, co-founder of the cryptocurrency aggregator CoinGecko Bobby Ong, referring to the history of Bitcoin forks, said that too many Ethereum miners are interested in creating a new blockchain with proof of work and warned of the danger of a lot of "useless ETH PoW".
