THE ETHEREUM MERGE || 10% beneficiary to @tron-fan-club

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THE ETHEREUM MERGE

It is no longer a news to some of you that Ethereum will soon get ride miners totally. Those miners investor million of dollars to mine Ethereum. The question some of you might ask is that where do they and what happens next to the Ethereum mining world. Those Ethereum will be doing away with miners but this problem could bring a huge opportunity to earn for you. You should know that Ethereum is the most profitable crypto to mine with the mining machine. Most people that GPU and ASIC to mine Ethereum usually have about 90% profit.

Ethereum blockchain will be moving from Proof Of Work to Proof of Stake, and that mean that the miners will not be need any more even though the mining industry is doing well and it is generating $25 million income every day. Many of you might been hearing that Ethereum will move to Proof of Stake because an article was post about it 5 year ago and the delay has made people skeptical about it. Although, we have been hearing so much about the switch for many years but this time something is different about because the developers of Ethereum are so sure the the switch will happen this year. Some of you might be wonder that what will happen to those mining machine, i will say they have opportunity and also risk.

HASH RATE

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The best way to describe hash rate is to think of it as miners capability and that mean that higher the miner solve a specific problem and more coin it earn. The Ethereum hash rate is the summation of the entire miner power. When it comes to market cap, Ethereum market is very high because the are a lot of project is built of Ethereum and every thing done Ethereum is process by the miners. You should know that the high the hast rate of a blockchain is the lower profit the miner will get because their will a lot of competition. For instance, you have 10 lottery ticket in a pool and another 1,000 lottery ticket in another pool, there is higher chances for you to earn win in the pool with 10 lottery ticket than 1,000 ticket. This example describe the how miners with higher mining rate have more chance to solve a problem the miners with lower mining rate but problem is that when this same miners go to another blockchain, the other blockchain don't like miners with high hash rate and that will reduce their income.

You can mine Ethereum with GPU and ASIC, you can use GPU miner some blockchain but not all blockchain. ASIC is built for the purpose of mining Ethereum and can only be use on Ethereum blockchain and also Ethereum classic blochchain because they have some similarities. The algorithm problem would may Ethereum miners move to Bitcoin because Ethereum will use ET-hash while Bitcoin uses SHA256. Of course, the miners can move to Bitcoin but they won't making much profit.

The let consider the total miner power that will be switching to any blockchain because will like to know how block would deal with this tone of hash rate.

I will like use some few PoW coin to calculate but the are a lot Pow out there. Speaking about mining card, the are many GPU minning card out there but there are some that work on Ethereum network. Ethereum have 204,550 card that are mining Ethereum, we can use things figure to calculate how there will operate on other blockchain. Let assume that 22% moves to ERGO network, 2.5 to FLUX, 2.5 to FIFO network, 12.5% move to RVN network, 15% to GPC and 80% to the ASIC to Ethereum classic, 25% to other coin and 20% will quit mining.

We this assumption calculate, it would make mining on those blockchain to be less profitable because the will more competition. There is also little problem about people moving to other blockchain to miner because if there are a lot of people switching to other blockchain to mine, those miners could sell off all the mined crypto but definitely not all the miner that would sell the coin, there would be some that believe more on the coin.

There are many two opportunities to look out to make huge profit.

• Identity That Coin

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The first opportunity to take huge profit in the market is to identify the coin you like, if you are lucky that the coin chose gain more recognition for miner to mine, it price could sky rock.

• Mining Rigs

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It important to know that chance to for miners to earn more profit will reduce after the Ethereum merge. There is a huge potential that market will become profitability just like before. After the Ethereum merge, there would a lot of people that will sell their GPU and the mining and I think that will be a best opportunity some people to purchase it and people can while a little for mining to be profitable again. You should know that we are still in the early stage of crypto and bigger and better things are coming in the future.