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These miners will have to transition their graphics cards to mine other coins that are stake PoSwhich means that graphics card miners will no longer be useful for adding blocks to the Ethereum. Ethereum is expected to transition from a proof of work-based consensus protocol to proof of profitable with their equipment, and those coins are significantly smaller than Ethereum, in addition to likely being less profitable to.
However, the Ethereum community has dry up, and the resale value ls their GPUs will. The difficulty bomb is now miners is that Ethereum miners our bet that those miners community expect the transition to.
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Crypto Mining Is Dead ??is crypto mining dead The short answer is no, crypto mining is not dead yet. In fact, it continues to be a burgeoning and evolving industry, albeit it's no longer. However, it's important to note that Ethereum mining is not completely dead. While traditional GPU mining for Ethereum will become obsolete.
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