Looking at
https://etherscan.io/chart/hashrate
You can clearly see that almost everybody is powering up their rigs again. Pretty much as long as your power is $0.30/kwh or less, you are making a profit and this is based on the old RX series, some of the newer GPUs are even more efficient.
Hopefully this will last at least till Nov/Dec and not a couple weeks like last time when ETH boomed.
https://etherscan.io/chart/hashrate
You can clearly see that almost everybody is powering up their rigs again. Pretty much as long as your power is $0.30/kwh or less, you are making a profit and this is based on the old RX series, some of the newer GPUs are even more efficient.
Hopefully this will last at least till Nov/Dec and not a couple weeks like last time when ETH boomed.
with issues recently with ETH v2 testnet, maybe we get maybe a few months more of mining till 2021
https://cointelegraph.com/news/vitalik-buterin-ethereum-20-presents-a-much-harder-challenge-than-we-thought
More delays of ETH 2.0 would be great, but as I understand it, even when implemented, it will now be a hybrid method that still allows mining during a transition period. Many have speculated this could add 1-2 more years of mining for ETH. What i have not seen directly addressed is the whether or not the block reward for mining will still be a minimum of 2. If that is reduced to say 1 or 1.5, it may make it difficult to profitably mine ETH since the premium fee portion (addition) to current block rewards is expected to be significantly reduced with 2.0.