Alternatives for ethereum miners after merge.

September 8, 2022

I bring you a news that caught my attention because of the relevance of the merger and the circumstances of the miners in the Ethereum network.

Evidently there is a high investment of miners in the Ethereum network for this reason those people or companies dedicated to profit in this area are looking for alternatives to recover their investment. For this they have to make decisions about. What to do?

Possible scenarios.

Sell the equipment to the highest bidder:

This option is the easiest, however it does not guarantee that it is the one that can leave you more capital, because after the merge the market for such cards will be flooded, supply and demand will force the market to lower its value and there is a possibility of not being able to recover the investment, it all depends on the time of use and what you have been able to get at its best.

Migrate to other PoW blockchains:

This with the objective of continuing to use the equipment with the same branch, however, this scenario has to be well evaluated by each miner since the migration increase will be high, increasing the difficulty of mining and reducing profitability.

Sell your compute (HPC) or GPU cloud services:

Possibly this is the most difficult option as too much capacity is going after a limited amount of demand.

After the release of Ethereum ETH as proof of work we are going to see highs and lows in the Crypto market and traditional market, so it is always important to be informed to be able to take advantage of investment opportunities in either world.