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

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

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Rating: 4.0; Vote: 1
What to mine after Ethereum goes PoS (ETH 2.0) 3 mining strategies and 3 things NOT to do! - Sebs FinTech 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!
Date: 2022-04-19

Comments and reviews: 10


here is what is going to happen,
Chunk of hashpower goes offline thats all the asics and home miners interested only in eth. i would say about 30%. maybe even more, its hard to tell how many home miners will give up. Some ASIC will move to other ethash coins.
the rest will move on the biggest coins (no matter the profits) like RVN and others. There also will be push on ETC( even that its pretty dead coin)

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I just ordered everything to build a 8 gpu rig, and will have 7 gpus mining monthly on nicehash. I am hoping to get 6 months of good mining. If the merge happens sooner that might make it impossible for me to get my roi... I'm 4500 in and looking at a 10 month roi, so 6 months would get hopefully half my money back
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Love your videos. I'm not sure why your strategy three would be more efficient than just mining what is the most profitable and then immediately buying the coin you want to speculate. Seems like always mining the most profitable is the best and then decide how you wan to use the profits.
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Hey Seb! Thanks for this video and all the other content you create. I thought after ETH mining ends, mining in general would end or becme less popular but after this video, I realized we are just at the beginning of this mining journey :)
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Nobody guarantees that it will be profitable. Yes if it's not most miner will give up and earnings will be bigger, but this is only true if electricity in your area is cheaper than average. If not then you will be losing money :).
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Thanks Seb for the awesome content!! I really appreciate the work and effort you put into your videos!! I assume we are all do mining for the love of technology perspective.. the rest is just icing on the cake lol
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Thanks Seb for the awesome content!! I really appreciate the work and effort you put into your videos!! I assume we are all do mining for the love of technology perspective.. the rest is just icing on the cake lol
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hi there, I have a question, I wanna build a rig, and I want to know what graphic card should I use, I can use 3 GTX 1660 super, 3 RX 6600 XT, or 2 RX 5700 XT. which combination should I go? Tnx
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Prepare for next mining coin...ETC...same cold algo,including 3gb and 4gb...less power compsumption...same mhs like eth...better than rvn witch is hot algo..more power over 25%..than etc...
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Excelent video!!! I was near a heart atack when I knew that ETH will stop mining, and I just bought a rig from a friend a week ago.... now I have hope for what is to come!
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