Hello Everyone,
I have 36x Rx580 8g and I have mined ETH for 3-4 years. ETH is changing for proof of Stake, and I do not know what Im going to mine after that.
Can you give me some possibilities what to mine with Rx580 after that?
Thanks!!!
There is lot of coin to be mined, but for sure ton of gpus will doing same thing, and eth mining fall will turn mineable coin to lower profit, and someminer will sell their rigs before happen, and vitalik say on September 3, pos will switch between 1-2years,
The impact will be epic and at bear market happen make things even worst
There are a lot of coins out there but most of them, especially the mid to large cap coins are not mineable. We all wish we could mine XRP but we never could. This shift started sometime in 2016 when ETH talked about importance of POS and since then most tokens followed that route.
POW is pretty much rarely used for any new projects. Most products are just tokens these days because that way the developers have better control of the market share. Back in the day devs would launch a coin with a 5% premise and nobody would mine it because it seemed risky due to dev dumping a large portion of the coins but now you got tokens where the dev has even more control of the supply and no one bats an eye.