An Overview of GPU Mining Economics into the Ethereum Merge

An Overview of GPU Mining Economics into the Ethereum Merge


TheBlock
2022-05-16 14:59:17

Quick TakeThe Ethereum Merge has recently been postponed to “a few months after June,” according to one core developer in April. Despite the numerous delays, the Merge is anticipated to take place after all and will transition the consensus algorithm to proof-of-stake. A looming question is what will happen to the millions of GPUs that are running on the Ethash algorithm at the moment.In this piece, we take a look at the current Ethereum mining landscape and the economics of GPU mining.