What’s Going To Occur To Cryptocurrency Mining After ETH 2.0?
You directly begin mining RVN or mine Ethereum; it is at the moment profitable. Convert the mined ETH to RVN for an extended time hold. RVN makes use of KawPow as its mining algorithm. Like Ethash, it prevents miners from utilizing ASICs & can solely be mined with GPU or CPU. CPU mining just isn’t sustainable in the present day with any of the cryptocurrencies.
Think about Ethereum is a spaceship that launched earlier than it was quite ready for an interstellar voyage. With the Beacon Chain, the neighborhood constructed a new engine and a hardened hull. After vital testing, it became time to hot-swap the brand new engine for the outdated one mid-flight. This merged the brand new, more environment friendly engine into the existing ship enabling it to put in some critical lightyears and take on the universe.
“The mainnet will begin at the block top of the Merge block ‘plus’ 2048 EMPTY blocks as padding,” the EthereumPoW Twitter account wrote. “Therefore, the Merge block + 2049 will likely be the first block on ETHW that will comprise any transactions. Block rewards for the empty blocks shall be directed to the 1559 multi-sig wallet.”