GPU mining is officially dead. GPU mining is not only no longer profitable but you actually LOSE MONEY after paying your electricity bill. Prices of graphics cards and GPU mining hardware are dropping dramatically. Today we’ll review how sadly GPU mining is now DEAD… Sub! http://voskco.in/Sub
With the Ethereum Merge having taken place, the Proof of Work chain for Ethereum has reached its end. Ethereum ($ETH) is no longer mineable - but what about all the hardware that was being used to mine it? That hardware has since been moved to various other ETHash compatible coins. Specifically, GPU mining was what got me into cryptocurrency over half a decade ago. I absolutely loved GPU mining, but I could tell that the writing was on the wall regarding its end - and it seems that time has come. There is no coin that is profitable to mine with GPUs, and thus we can consider GPU mining a lost cause. Should you still buy GPUs in anticipation of a “saving grace?” Or should you avoid it at all costs? Let’s take a look at the state of GPU mining after the Ethereum Merge.
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Timestamps
00:00 GPU mining is not profitable
01:36 How to search for profitable coins
02:33 The best GPU on the market makes $0.01 a day!
04:40 ETC hashrate difficulty has increased dramatically
05:39 Will the new 4000 series NVIDIA cards be good for mining?
07:02 Are there any good coins to mine with graphics cards?
07:50 You can still make money with ASIC miners
09:11 Are people too bullish?
09:55 Is GPU mining over?
10:41 Alternatives to GPU mining
11:35 It doesn’t look good
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You LOSE Money GPU Mining Now!
