Nvidia gpu zcash miner reddit12/21/2023 So for now keep mining ETH until it goes full POS. Sell off your GPUs.Įthereum has proven to be the most profitable crypto. For sure there will be profitable coins to mine with GPU or 2. Look for other alternative coins to mine. If you are currently a miner then there are two options post the Ethereum merge. Because millions of GPU miners who are mining ETH will be looking for alternatives and they’ll be chasing Ethereum sized profits. Be careful if bear market emerges then GPU PoW coins will take a hit especially post the Ethereum merge. Its hard to predict and for this reason there are many GPU miners who started selling out their GPU farms which they’ve been running it for years. So mining will go on but we can’t tell if it’ll be as highly profitable as mining Ethereum currently is. One question most ETH miners have now is what will happen to GPU mining profitability for alt coins after ETH goes to proof of stake? There will always be Proof-of-Work coins that allow for GPU mining. But expect their difficulty to increase as everyone who owns a GPU mining rig will jump onto them. There will be other coins available for mining after ETH 2.0 which you can mine it with your GPU and trade for ETH or BTC. Then you can think of pointing your mining rigs to something else. If you are a GPU miner currently mining ETH then continue mining ETH until the end of PoW. You can follow Ethereum’s website for more updates on the Merge: So most probably it should take place by 2023. From the looks of it the merge is not going to happen this year because of the many open issues still on the client side. But developers themselves said on Twitter that the merge will not happen in June as expected. If more than 80% of the feature is complete then they will pull the trigger in a couple of months. But this is not going to happen tomorrow.įirst of all nobody not even the ETH developers know exactly when the PoW phase is going to end. It will mark the end of GPU mining for Ethereum. Huge props to #TestingTheMerge /M8ZcHnKqaLįor GPU miners the major turning point will be Ethereum’s move to Proof-of-Stake. We're roughly 690 blocks (~2 h) away from TTD. Today will be the first mainnet shadow fork ever. If you were following ETH then you probably know about the merge which will mark the end of Proof-of-Work for Ethereum and the full transition to Proof-of-Stake.ĭevelopers are rigorously testing PoS on Ethereum. But the question is what will happen to GPU mining after ETH switches over to Proof of Stake? ETH Merge – GPU mining after ETH 2.0? GPU mining will not be dead at least until Eth 2.0 that is when ETH PoW ends. If you already own a mining hardware, then there should be no reason for you to not start mining.ĮTH is currently the most profitable coin that you can mine using your GPU. GPU mining is very much alive and profitable for now. Here we’ll talk about GPU mining in 2022.įirst of all is mining cryptocurrencies profitable or is GPU mining dead in 2022? The profitability of GPU mining greatly depends on the coin you mine. If GPU mining is your key interest then you are at the right place. Is GPU mining profitable? Is it worth buying GPUs now to build a mining rig and starting mining? Will I cover the return on my mining investment? How to choose the best coin to mine in 2022? What is the most profitable coin to mine with GPU? We’ll list of some of the best PoW cryptocurrencies that you can profitability mine with GPU. Here we’ll answer some of the most common questions related to GPU mining. Are you a GPU miner currently mining ETH and wondering what happens to mining after ETH 2.0? Are you a newbie who is looking to get in to crypto mining scene, but not sure if it is still worth it? The following post is for you.
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