In a Twitter thread, Ethereum core developer Tim Beiko was questioned by an individual on behalf of the Ethereum mining community who remains invested in the network on whether they would be “left out to dry?”
Responding to the tweet, Beiko suggested not investing in any more mining equipment “at this point,” hinting that the transition is just a few months away.
Thanking him for the reply, the individual then asked again whether the mining community have more time or the 'plug would be pulled' out for the Ethereum miners in June. At this question, Beiko wrote back:
“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.”
Beiko’s tweet indicates that Ethereum miners will have some more time until the final “plug-pull” on miners, suggesting that the network's transition to proof-of-stake is more likely to come “in a few months after.”
Beiko’s update comes after Ethereum successfully implemented its first mainnet “shadow fork” earlier this week. This ensures that developers can test around the network’s complex transition to proof-of-stake.
However, according to a tweet published last weekend from Ethereum developer Parathi Jayanathi, three recent shadow forks of Ethereum's Goerli testnet revealed bugs that still need to be worked out before the update will be ready.