Post
Topic
Board Mining (Altcoins)
Re: new asic ETH miners is coming. what should gpu miner do?
by
TheMimic1
on 30/04/2021, 16:24:30 UTC
EIP1559 will active in July; miner will loss huge revenue. at the same time, two company lunched new asic miner: bitmain, and Pineapple. both are around 3.6Ghs, 2500W. shipment from Jun.

under this double attacks, what should gpu miner do?
 
 ethercoin.org
maybe one good choice, no eip1559, no asic miner, allways pow , no shifting pos.

Gpu miner, keep happy mining.

You an mine ERG, it brings nearly the same profit and you can mine it with 4GB cards. Haven Protocol is also a good choice, it use less energy than ETH. You have so much  alternatives, ETH is not the only gpu mineable coin dudes.
Those who used Nvidia cards are going to enjoy the benefits of more profitable algorithms to mine once EIP1559 affects ETH mining rewards, might not be much but I'm sure the rewards will be affected, most profits for miners comes from high gas fee