I almost went after Chia mining but thank God I don't, but Chia do have a good future and price will appreciate too but it's better to just buy, I will keep mining ethereum classic for now and maybe some day frustrated miners will start leaving the network for us and difficulty will deep dive.
The income from PoW mining on video cards first fell 4 times, and after the ETH 2.0, income fell 5 times again! This means that GPU mining revenue has dropped by 95%.
There has never been such a fall, and in such a situation, only 2 options are possible:
1) a new favorite will appear, on which a large investor will bet and the price of the coin will again be dispersed into the sky.
2) people themselves will find a solution and choose a technology, for example, Bitcoin HD (BHD) and start buying this coin first, and then they will mine using HDD
There is no third way, and the first way is harmful to ordinary people, since a large investor (as was the case with Solana) will again drive the price into the sky and ordinary people who did not understand what was happening lost their money forever.
Against the backdrop of rising prices for electricity and gas around the world, I tend to think that the second option and the path that I wrote are most likely.
