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Author Topic: What will you do when you cant mine Eth anymore  (Read 212 times)

Review_Master2

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What will you do when you cant mine Eth anymore
« on: October 19, 2021, 01:17:16 PM »
I know we dont know when Eth 2.0/PoS is coming, but it IS coming at some point.  Curious what my fellow miners will do when they cant mine eth anymore...  I have heard people might mine eother PoW coins like RVN, however profits will be much lower due to the hash from eth will move to rvn to a degree (and the rest of the PoW coins).  you could go ASIC SHA-256 route and taker a crack at BTC, but good luck trying to get your hands on a miner.  There are some new projects like Chia and Helium which look interesting that have a different take on mining.

Perhaps you might take your eth you have and stake it, and if you have less than 32 eth, perhaps you will join a staking pool.

I for one, have not decided other than I know I would like to continue in some capacity with mining.

Thoughts?

hair

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Re: What will you do when you cant mine Eth anymore
« Reply #1 on: October 20, 2021, 03:49:18 PM »
I think mining is less popular than POS, due to the high cost impact, indeed eth will move to PoS, but it doesn't affect BTC which still uses mining

CryptoboyRamesh

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  • Re: What will you do when you cant mine Eth anymore
    « Reply #2 on: October 20, 2021, 06:37:18 PM »
    Maybe they will mine the other coin which compatible with their hardware and still earning the rewards. No matter what the coin is, if they can still be profitable from mining, they will not stop and search for the other coins. If they can earn big rewards from their hardware and the coin price suddenly increases, they will profit. After all, we do many things in crypto because of wanting to make a profit and if that thing is not profitable anymore, we can use the other way to keep the profit.

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    hair

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    Re: What will you do when you cant mine Eth anymore
    « Reply #3 on: October 28, 2021, 10:09:08 PM »
    Maybe they will mine the other coin which compatible with their hardware and still earning the rewards.
    Yes. so they can still profit by mining other coins. so they are not wasted. btw what coin are you still using it?

     

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