What Will Occur To Cryptocurrency Mining After ETH 2.0?
You instantly start mining RVN or mine Ethereum; it’s presently profitable. Convert the mined ETH to RVN for a longer time hold. RVN uses KawPow as its mining algorithm. Like Ethash, it prevents miners from using ASICs & can only be mined with GPU or CPU. CPU mining is just not sustainable immediately with any of the cryptocurrencies.
Imagine Ethereum is a spaceship that launched before it was fairly prepared for an interstellar voyage. With the Beacon Chain, the community built a new engine and a hardened hull. After important testing, it turned time to hot-swap the brand new engine for the old one mid-flight. This merged the brand new, more environment friendly engine into the prevailing ship enabling it to place in some critical lightyears and take on the universe.
“The mainnet will begin at the block peak of the Merge block ‘plus’ 2048 EMPTY blocks as padding,” the EthereumPoW Twitter account wrote. “Therefore, the Merge block + 2049 will be the 1st block on ETHW that may include any transactions. Block rewards for the empty blocks can be directed to the 1559 multi-sig wallet.”