I wonder what the ETH miners are doing now. Did they switch to other coins?
I doubt that they actually switch off their stuff. That makes no sense economically.
I doubt that they actually switch off their stuff. That makes no sense economically.
The people with actual mining rigs with multiple GPU's will either sell their stuff or start renting them for services like vast.ai. I assume most will end up selling because of the cost of getting a server-grade Motherboard/CPU + lots of RAM isn't exactly cheap and the effort required to set everything up is much higher.
The last one I don't expect to work, because mining is about as profitable as Bitcoin, since both use the same algorithm, and the best relative profitability fluctuates between them, and they're both dominated by ASICs. But Monero deliberately avoids ASIC dominance.