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!
📦 𝐀𝐌𝐀𝐙𝐎𝐍 𝐋𝐈𝐍𝐊𝐒
Nvidia GPUs: https://amzn.to/2ROzvCL
AMD GPUs: https://amzn.to/3wiSpRb
My favourite risers: https://amzn.to/3vkXBT8
Motherboard I use: https://amzn.to/3wmavSf
Different motherboard I like: https://amzn.to/3pKQTVr
CPUs: https://amzn.to/3vhG7am
RAM: https://amzn.to/3gxxHGF
850W power supply: https://amzn.to/35h8IC9
1200W power supply: https://amzn.to/3pMvVWe
My favourite GPUs (1660 Super): https://amzn.to/3iydEuc
GPUs I want (3070): https://amzn.to/3pN3Wpx
GPUs I REALLY want (3080): https://amzn.to/3gfbz4I
Plug 4 risers into one PCIe slot with this: https://amzn.to/3gfrEqZ
Mini touchscreen: https://amzn.to/3pMGRmI
Camera I use: https://amzn.to/3pK4kVu
Camera I want: https://amzn.to/3pNA6RF
Camera I really want: https://amzn.to/3zoQwUK
Vlogging lens I use: https://amzn.to/3wi8VRx
Vlogging lens I want: https://amzn.to/2Tmmyk2
Photo lens I use: https://amzn.to/3vo2H1e
Zoom lens I want: https://amzn.to/3ggU7Nt
(As an Amazon Associate I earn from qualifying purchases)
⛏️ Wanna build a mining rig frame? I made this awesome pdf guide!
https://bit.ly/miningframe
🎧 Listen to my music on Spotify:
https://open.spotify.com/playlist/1BnZA6mjvKCXTrFCH4T1Uf
💬 Need mining help? Join the Misfit Mining Discord:
https://discord.com/invite/s6q3BQb
#whattomine #ethpos #eth20 #cryptomining #gpumining #ethereum #ethereummining #bitcoinmining #bitcoin #cryptocurrency #ethmining
📼 𝐕𝐈𝐃𝐄𝐎 𝐂𝐎𝐍𝐓𝐄𝐍𝐓
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
📺 𝐂𝐑𝐘𝐏𝐓𝐎 𝐌𝐈𝐍𝐈𝐍𝐆 𝐘𝐎𝐔𝐓𝐔𝐁𝐄𝐑𝐒
Altered Component: youtube.com/c/AlteredComponent
Bits Be Trippin': youtube.com/c/BitsBeTrippin
brandon coin: youtube.com/c/brandoncoin
ChumpChangeXD: youtube.com/c/ChumpChangeXD
GuntisVitolins: https://www.youtube.com/channel/UCkYCnjVcFJDN6Cp_uP0pv_A
HashRaptor: youtube.com/c/HashRaptor
Mining Chamber: youtube.com/c/MiningChamber
Red Fox Crypto: youtube.com/c/RedFoxCrypto
Red Panda Mining: youtube.com/c/RedPandaMining
SavageMine: youtube.com/c/SavageMine
SerpentXSF: youtube.com/c/SerpentXSF
Son of a Tech: youtube.com/c/SonofaTech
TekShinji: youtube.com/c/TekShinji
The Hobbyist Miner: youtube.com/c/TheHobbyistMiner
The Life of a Miner: youtube.com/c/TheLifeofaMiner
VoskCoin: youtube.com/c/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.
0 Comments