So listening and reading in on all the dev comments. It seems that unless there is some major bug discovered last minute, it seems the merge will happen in June 2022. Maybe July 2022.
The merge means finally end of POW mining for ETH and quite possibly for most GPUs out there in existence. GPU mining might be a thing of the past.
Everybody is saying. Oh there are other coins to mine. However they don’t realize that most of the mineable GPU coins out there, the miner reward is nowhere near that of ETH. And ETH mining was not only profitable due to its block reward, it was profitable most of the time due to its transaction fees. No other coin out there generated as much miner transaction fees as ETH.
I can see this being the end of the road for most GPUs in terms of mining. Most GPUs will go live a second life as a gamer or rendering GPU, not mining. Maybe 1-2% will go on and continue to mine ETC.
It’s great if you are a ETH holder. The merge will lower the issuance rate and increase the staking rate. So it’s good for ETH long term price.
So question is when will you start to sell your GPUs?
1) If you sell too early and the merge is delayed you might lose out on some profits.
2) If you sell a month before a confirmed block number is confirmed, you will miss out on one or two months profits but you will get top dollar for your gear.
3) If you wait until the block number is released or sell until the last block is mined you are going to compete with many other miners out there who are listing their GPUs on eBay, Kijiji, Facebook marketplace, Amazon, etc.
I'm already preparing stuff for other coins - I don't plan on selling mine.