What do you think about staking rewards Vs mining rewards? With the looks of things presently I fear that GPU mining is dying cos look around you how many new projects are adopting PoW algorithm? Mining 5 years ago was better than mining today, every new projects are talking about APY returns and staking only, what do you think? Wrong or not?
Yes slowly gpu mining are phasing out, almost all recent projects only provide proof of stake, mining equipment are not cheap and in other to get good returns from your mining you must acquire high standards equipment then you talk about the high electricity bills that it's involved, gpu mining is getting obsolete, a more simpler mining i.e staking has taken over, and most staking are given good apy for no extra cost, why not.
If this is true why are GPU prices currently off the roof? Can you point me to where I can buy GPUs at MSRP? I guess not, when something is done with it should be worthless and valueless but that's not what's happening right now