Is it still profitable to mine with GPUs after the merge of Ethereum?

3 answers

• Dec 17, 2021 · 3 years ago
  Absolutely! GPU mining can still be profitable even after the merge of Ethereum. While the merge will bring changes to the Ethereum network, it doesn't necessarily mean that GPU mining will become obsolete. Miners should consider factors such as the cost of electricity, the price of Ethereum, and the efficiency of their mining rigs. By optimizing these factors, miners can continue to make profits with GPU mining.
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• Dec 17, 2021 · 3 years ago
  Well, it depends. The profitability of GPU mining after the merge of Ethereum will largely depend on the price of Ethereum itself. If the price remains high or continues to rise, GPU mining can still be profitable. However, if the price drops significantly, it may affect the profitability of GPU mining. Miners should closely monitor the market and make informed decisions based on the current conditions.
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• Dec 17, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, GPU mining can still be profitable after the merge of Ethereum. The changes in the Ethereum network are expected to improve the overall efficiency and scalability, which can benefit GPU miners. However, it's important for miners to stay updated with the latest developments and adjust their mining strategies accordingly to maximize profitability.
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