It’s been nearly two days since Ethereum made its historic transition from proof-of-work (Bang) to proof-of-stake (PoS), and a few ex-Ether (ETH) miners say they continue to be unaware regarding how to move ahead.
Following a Merge, many required to Crypto Twitter to go over the things they believe may happen to those former Ethereum miners. At the time from the merge, Twitter user hashoveride tweeted:
GPU #mining is dead under 24 hrs following the #merge.
Listed here are the 3 largest #GPU chains and current daily profitability having a 3090 GPU and 6 us¢/kwh#ETC -7 ¢#XMR -37 ¢#RVN 2 ¢
The only real coins showing profit don’t have any marketcap or liquidity. The net income isn’t real #btc
— Hashoveride (₿en Gagnon) (@hashoveride) September 15, 2022
Twitter user BakaMoriDesu recommended inside a tweet that ex-eth miners were just likely to proceed to the following lucrative gold coin, adding, “As an RVN miner, I doubt it will likely be lucrative following the halving any longer.”
Ex-eth miners will proceed to whatever gold coin is much more lucrative. Being an RVN miner, I doubt it will likely be lucrative following the halving any longer
— Фронтендер Орды ❤️ (@BakaMoriDesu) The month of january 11, 2022
Cointelegraph contacted a couple of ex-Ethereum miners to discover what their plans were continuing to move forward. However, the overall consensus says many remained as unclear on their own next steps. Former miner Christian Ander distributed to Cointelegraph:
“To be truthful, I do not know myself yet. Selling GPU capacity to other computing intense services is way from as lucrative as ETH was.”
“I am doing research myself and my partners are searching into options,” Ander added, noting, “GPU proprietors do research and selling capacity to non-crypto projects. So when the power costs are high, they shut lower then sell excessive capacity to the grid.” Ander stated that he’s presently not mining any crypto and it is just evaluating the marketplace.
Another ex-Ethereum miner, Kevin Aguirre, distributed to Cointelegraph he had offered his hardware to his partner, who had been now utilizing it to mine other coins, noting:
“I will have some regret within my outcome with my mining machine, however in the finish, it supported me and my loved ones with the pandemic.”
