> ETH isn’t the most profitable thing for these cards to mine.
You can mine shitcoins on a small scale for maybe a bit more profit. The issue is always unloading a lot of shitcoin in a very small volume market. Even ETC has a 6.5 day deposit time on exchanges like Kraken. Nobody is going to want to deal with that.
> The ETH proof-of-stake switch isn’t going to be the driving force they causes GPUs to be abandoned in bulk.
The GPUs will move to other shitcoins, which will cause the prices of those shitcoins to go down as people will mine and dump them, which will cause a lot of GPU miners to shut off.
Usually, with POW, the issuance is the same. So they will mint the same amount, no way that will crash the price. What _will_ make the mining not profitable is the difficulty increase. It boggles my mind people don't seem to get this.
You can mine shitcoins on a small scale for maybe a bit more profit. The issue is always unloading a lot of shitcoin in a very small volume market. Even ETC has a 6.5 day deposit time on exchanges like Kraken. Nobody is going to want to deal with that.
> The ETH proof-of-stake switch isn’t going to be the driving force they causes GPUs to be abandoned in bulk.
The GPUs will move to other shitcoins, which will cause the prices of those shitcoins to go down as people will mine and dump them, which will cause a lot of GPU miners to shut off.