What to mine after Ethereum goes PoS (ETH 2.0) 3 mining strategies and 3 things NOT to do!

cryptocurrency 2 months ago

In this video I talk about what to mine after Ethereum goes to Proof of Stake and is no longer mineable. When considering what to mine after ETH 2.0 we first need to analyze what we think the crypto mining landscape will look like after the merge. In my opinion what will happen is all of the hashrate currently on Ethereum (not counting ASICs) will spread among all the other mineable coins that are towards the top in profitability and we'll have a situation where many coins are somewhat similar in profitability. After this I explain the concept of mining profit vs coin yield, meaning you can instead of focusing on how much money your mined coins are worth, you can instead focus on how much coin your mining if you're planning on selling your coin later at a higher price. After this I go over 3 mining strategies for after eth2.0, the first one being to just mine the most profitable coin and sell it instantly as you get a payout from the pool. The second being to mine the most profitable coin and exchanging it for a more established coin like bitcoin or ethereum and wait for those to go up in price. The third is speculative mining, mining a coin that you believe will go up in price and holding it until it does so. I then move on to the 3 things NOT to do in terms of mining after the ethereum merge. The first one is don't mine a coin that is difficult for you to exchange. The second is don't mine a coin where the electricity cost is more than buying the coin. Thirdly, don't stop mining and quit! Please like the video if you liked it and subscribe to the channel for more crypto mining videos! πŸ“¦ π€πŒπ€π™πŽπ π‹πˆππŠπ’ Nvidia GPUs: AMD GPUs: My favourite risers: Motherboard I use: Different motherboard I like: CPUs: RAM: 850W power supply: 1200W power supply: My favourite GPUs (1660 Super): GPUs I want (3070): GPUs I REALLY want (3080): Plug 4 risers into one PCIe slot with this: Mini touchscreen: Camera I use: Camera I want: Camera I really want: Vlogging lens I use: Vlogging lens I want: Photo lens I use: Zoom lens I want: (As an Amazon Associate I earn from qualifying purchases) ⛏️ Wanna build a mining rig frame? I made this awesome pdf guide! 🎧 Listen to my music on Spotify: πŸ’¬ Need mining help? Join the Misfit Mining Discord: #whattomine #ethpos #eth20 #cryptomining #gpumining #ethereum #ethereummining #bitcoinmining #bitcoin #cryptocurrency #ethmining πŸ“Ό π•πˆπƒπ„πŽ π‚πŽππ“π„ππ“ 00:00 What to mine after Eth 2.0 01:01 What mining will look like after ethereum 2.0 05:30 Why I'm excited for mining after Ethereum goes PoS 06:37 Understanding mining profitability vs coin yield 09:36 Let's get into the 3 strategies for mining after eth2.0 10:04 Mine the most profitable coin and sell 10:46 Mine the most profitable coin but swap it 12:35 Speculative mining 13:57 3 things NOT to do after Ethereum mining ends 14:16 Don't mine a coin that is difficult to exchange 15:41 Don't mine a coin at a loss (electricity price higher than coin price) 16:31 Don't give up and quit! 16:56 Why mining will always be profitable πŸ“Ί π‚π‘π˜ππ“πŽ πŒπˆππˆππ† π˜πŽπ”π“π”ππ„π‘π’ Altered Component: Bits Be Trippin': brandon coin: ChumpChangeXD: GuntisVitolins: HashRaptor: Mining Chamber: Red Fox Crypto: Red Panda Mining: SavageMine: SerpentXSF: Son of a Tech: TekShinji: The Hobbyist Miner: The Life of a Miner: VoskCoin: (They're in alphabetical order.) None of the content in my videos or elsewhere is direct advice, financial or otherwise. Everything said is from my point of view and for entertainment purposes. You do things at your own risk. You are responsible for your own actions. Do your own research.
Read Entire Article