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0 pointsandreaorru5y ago0 comments

Yep. You can run a validator node by staking at least 32 ETH (or any amount through a staking pool).

Nodes will still verify transactions and execute smart contracts, of course. But there's no hash lottery to be won for mining blocks.

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imhoguy5y ago

I wonder if this may cause some correction on hardware stocks as market would be flooded with used GPUs.

0-_-05y ago

There are plenty of other cryptocurrencies to mine

andreaorruOP5y ago

There are a few (mostly Bitcoin forks), and you can probably make some profit mining them, but they are not big enough to have a significant impact on the global demand for GPUs.

At this point, most crypto projects with any real traction (with the obvious exception of Bitcoin) are either ERC-20 tokens running on Ethereum, or other PoS chains that claim to be better than Ethereum (i.e. Cardano).

Bitcoin isn't mined with GPUs anymore.

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