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As the so-called Ethereum Merge from PoW to PoS took place, due to which ETH can no longer be mined. So many of the Ethereum Miners are wondering about the use of their old and dusty ethereum mining rigs. Some of them are even using the mining rigs for heating their homes.
The Merge took Ethereum mining upside down, so now the big question that is left behind The Merge is ‘What to do with all those pricey GPUs that were used for Ethereum mining.’
The graphic cards can usually be used to ease things beyond mining, like protein folding for cancer research or high-octane password cracking. But what else can a user do with them?
Let’s Heat The House
A miner, named Alphamine, shared that he plans to heat his house with his old power-guzzling GPUs. At present, he is still mining FLUX, albeit a tiny, mostly profitless coin. And reasoned it for the pure love of contributing to the crypto ecosystem. He is hardly making ten percent of the profit he made on Ethereum. He further added that he hopes to amortize his cost by heating his house with roughly 80 GeForce RTX 3060 Ti model GPUs.
The other miner who is named as “Stepwn” also uses old mining rigs for heat, but not to heat his home. He used it to heat his greenhouse. He said that “I’ve shifted from mining to farming.” Starting with a few small “no-till” plots in his yard, he now owns a “full blown aquaponics system inside a 200 square-foot greenhouse.”
Nick Hansen, the co-founder of Luxor, a massive mining pool that aggregated the work of mining clients and distributed rewards among them, said that The Merge killed a singularly lucrative revenue stream.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
