Sharing by the editor, can the GPU mining after the merger of Ethereum be profitable? First of all, the profitability of GPU mining depends largely on the currency you dig. GPU mining is currently very active and profitable. If you already have mining hardware, there is no reason not to start mining. At least before Eth 2.0, Ethereum was the most profitable currency for mining with GPU. So, is it worth mining with GPU after the merger of Ethereum? The following content will answer for you.

1、 Profitability of GPU after Ethereum merger

If you have been paying attention to Ethereum, you may know that this merger will mark the end of the work proof of Ethereum and the full transition to the benefit proof. For GPU miners, the main turning point will be Ethereum turning to proof of rights and interests. It will mark the end of GPU mining in Ethereum.

After Ethereum 2.0, there will be other currencies available for mining. You can continue to mine with your GPU and trade with Ethereum or Bitcoin. However, it is expected that the difficulty will increase because everyone with GPU mining machine will switch to other currencies.

One of the problems most Ethereum miners have now is, what will happen to the profitability of GPU mining after Ethereum enters the equity certificate? There will always be a proof of work currency that allows the GPU to mine. So mining will continue, but I don't know whether it will be as profitable as the current mining Ethereum.

This is difficult to predict, so many GPU miners began to sell their GPU mines that have been in operation for many years. If a bear market occurs, the GPU PoW token will be hit, especially after the Ethereum merger. Because millions of GPU miners who are mining Ethereum will look for alternatives, they will pursue profits of Ethereum scale.

After the merger of Ethereum, miners have two choices:

1. Mining other cryptocurrencies, there must be other currencies that can use GPU to mine.

2. Sell your GPU Miner.

If you plan to purchase GPU and build a mining equipment for Ethereum, this may not be desirable.

2、 Is it worth mining with GPU now?

Will it be profitable to use one GPU to mine cryptocurrency in 2022? In fact, it is. But the premise is that you are interested in GPU mining and have recovered the return on investment. If you plan to purchase a GPU to enter the mining field, it is not recommended. The Ethereum has been turned into a proof of rights and interests, and the Ethereum is the only currency worth mining.

For example, the price of crow coins has been halved, but its price has not improved at all. Not only crows, but also many other GPU mining coins before. Just as the encryption market is now flooded with DeFi&NFT projects, it used to be the GPU proof currency.

GPU can not be regarded as a complete demise, there will always be low resistance ASIC currency for you to mine. However, the profitability mainly depends on the price of counterfeit coins you mine and the electricity cost in your area. The price of tokens changes every day. Just like during the bull market, mining profits will rise. In a bear market, the value may decline, but your mining yield may rise.

If you can't carry out efficient mining operations, even the cost of your mining equipment will be hard to recover. Many new miners barely make ends meet because of their poor research. You need to find the best mining efficiency for your GPUs to use the least power to get the hash rate they generate.

summary

The above is about the profitability of GPU mining after the merger of Ethereum? Is GPU mining worth investing? Here are the answers to two questions. In general, you can remain profitable as long as you ensure that your mining costs are lower than the value of the currency you are mining. Bear market is the time when you can get the most money. If the price rises in the future, you can sell it to get twice the profit. But you need to be very careful. Because all cryptocurrencies are speculative assets, not all have appreciated.