4 ms·

What are you comparing $75k to? My understanding is meaningful mining under PoW requires buying expensive mining hardware that goes out of date quickly. Under P

What are you comparing $75k to? My understanding is meaningful mining under PoW requires buying expensive mining hardware that goes out of date quickly. Under PoS there is no such depreciation...a laptop from 2020 will likely be able to run PoS in 2040.

chrismmay 5y ago
I personally have been mining ETH for years with equipment I bought for $20k in 2017 - 2018. I’ve made many times my investment back. That same equipment is still running profitably today.
- aspenmayer 5y ago
  Are you ASIC or GPU mining?
  - chrismmay 5y ago
    I have 30 GTX 1070 GPUs.
    - gizmo385 5y ago
      And what do you plan to do after the switch to proof of stake?
      - chrismmay 5y ago
        If I have enough, I will run a validator. If not I will probably do some defi like lido + curve + yearn. I may also mine something else like flux or raven.