📌✅ETH Big deal (POW>>POS)! +( Mine-able Alternative coins🚀 )We are on the verge of a BIG Merge, There are almost 3 days left until this important event for Ethereum!
Ethereum is expected to transition to a proof-of-stake (PoS) mechanism and is considered one of the most significant upgrades in the history of the crypto market so far.
-The Ethereum Merge could force many crypto miners to give up! DO they abandon their expensive mining rigs amid a race to the bottom for profits. Or it forces them to think of migrating to the current alternatives of proof of work of Ethereum!
-If we visit the whattomine , we will see that some coins can be used as an alternative to Ethereum for mining.
But we have to accept the fact that alternative coins are no longer as efficient as Ethereum for mining!
-Although, considering their mine potential, most of them had a significant growth in the last few weeks
And it may continue for some time. But let's consider this point
"As GPU miners point their hardware at other chains their difficulty will increase causing lower returns and splitting the reward among more miners".
-thus increasing mining difficulty will "swamp" these coins — and substantially reducing profitability and price in the long term!
So although "There will always be GPUs mining some GPU optimized chains, but I doubt we will return to the levels of revenue seen in ETH proof-of-work at its peak ever again.
>>>But with the research I have done, I think the following coins can be suitable options to replace Ethereum mining, and if some of them have grown a lot recently, we will probably see some of them grow more in the short or medium term! these are Most Profitable Coins to Mine!
SO check them out :
-Neoxa(NEOX)
#1
#2https://www.tradingview.com/chart/ETCUSDT/HAQnQtvz-ETC-USDT-analysis/
#3
#4
#5
#6https://www.tradingview.com/chart/FIROUSDT/fWWrQhX5-FIRO-USDT-analysis/
This article is for informational proposes only . not a financial or legal advice !
