Tuesday, November 29, 2022


It’s been almost two weeks since Ethereum made its historic transition from proof-of-work to proof-of-stake, and a few ex-ETH miners say they continue to be clueless on find out how to transfer ahead. 

Following the Merge, many took to crypto Twitter to debate what they consider will occur to those former Ethereum miners. On the day of the merge, Twitter person hashoveride tweeted:

Twitter person BakaMoriDesu prompt in a tweet that ex-eth miners had been simply going to maneuver on to the subsequent worthwhile coin, including, “As an RVN miner, I doubt will probably be worthwhile after the halving anymore.”

Cointelegraph contacted a couple of ex-Ethereum miners to seek out out what their plans had been shifting ahead. Nonetheless, the overall consensus revealed that many had been nonetheless unclear on their subsequent steps. Former miner Christian Ander shared with Cointelegraph:

“To be trustworthy, I don’t know myself but. Promoting GPU energy to different computing intense companies is way from as worthwhile as eth was.”

“I’m doing analysis myself and my companions are trying into choices,” Ander added, noting “GPU homeowners are doing analysis and promoting energy to non-crypto initiatives. And when the power costs are very excessive, they shut down and promote extreme energy to the grid.” Ander mentioned that he’s at present not mining any crypto, and is simply evaluating the market.

One other ex-Ethereum miner, Kevin Aguirre, shared with Cointelegraph that he had offered his {hardware} to his associate, who was now utilizing it to mine different cash, noting:

“I do have some remorse in my end result with my mining machine, however in the long run, it supported me and my household via the pandemic.”

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.