Cryptocurrency mining is a process of verifying transactions on a blockchain network and earning rewards for doing so. Mining requires a lot of computational power and electricity, which can be expensive and difficult to obtain. However, some cryptocurrencies are more suitable for mining with GPUs (graphics processing units) than others, because they use algorithms that are resistant to ASICs (application-specific integrated circuits), which are specialized hardware devices that can outperform GPUs in mining.
In this article, we will review some of the best cryptocurrencies to mine with GPU in 2023, based on their profitability, popularity, and difficulty. We will also provide some tips on how to choose the best GPU for mining and how to join a mining pool to increase your chances of finding blocks and earning rewards.
1) Ethereum (ETH)
Ethereum is the second-largest cryptocurrency by market capitalization and the most popular platform for smart contracts and decentralized applications (DApps). Ethereum uses the Ethash algorithm, which is designed to be memory-hard and ASIC-resistant, meaning that it requires a lot of RAM and GPU power to solve. Ethereum also plans to switch from proof-of-work (PoW) to proof-of-stake (PoS) in the near future, which will make mining obsolete and replace it with staking.
Ethereum is one of the most profitable cryptocurrencies to mine with GPU in 2023, because it has a high demand and a low supply. The block reward for Ethereum is currently 2 ETH per block, plus transaction fees and uncle rewards. The difficulty of mining Ethereum adjusts dynamically based on the network hash rate, which is the total amount of computing power dedicated to mining. The higher the hash rate, the harder it is to find a block.
To mine Ethereum with GPU, you need a powerful graphics card with at least 4 GB of VRAM, preferably 6 GB or more. You also need a mining software such as Claymore’s Dual Miner or Phoenix Miner, and a wallet address to receive your earnings. You can either mine solo or join a mining pool, where you share your hash rate with other miners and split the rewards proportionally. Some of the most popular Ethereum mining pools are Ethermine, Sparkpool, Nanopool, and F2Pool.
2) Monero (XMR)
Monero is a privacy-focused cryptocurrency that uses the RandomX algorithm, which is optimized for CPUs and GPUs. RandomX is based on random code execution and memory-hard techniques, which make it resistant to ASICs and FPGAs (field-programmable gate arrays). Monero also implements features such as ring signatures, stealth addresses, and bulletproofs, which enhance its anonymity and security.
Monero is one of the easiest cryptocurrencies to mine with GPU in 2023, because it has a low difficulty and a stable price. The block reward for Monero is currently 1.22 XMR per block, plus transaction fees. The difficulty of mining Monero adjusts every block based on the network hash rate. The lower the hash rate, the easier it is to find a block.
To mine Monero with GPU, you need a graphics card with at least 2 GB of VRAM, preferably 4 GB or more. You also need a mining software such as XMRig or SRBMiner-MULTI, and a wallet address to receive your earnings. You can either mine solo or join a mining pool, where you combine your hash rate with other miners and split the rewards accordingly. Some of the most popular Monero mining pools are MoneroOcean, MineXMR, SupportXMR, and XMRPool.
3) Vertcoin (VTC)
Vertcoin is a decentralized cryptocurrency that aims to be ASIC-resistant and fair for everyone. Vertcoin uses the Lyra2REv3 algorithm, which is a chained combination of multiple hashing functions that require different types of memory and computation. This makes it hard for ASICs to adapt and dominate the network.
Vertcoin is one of the most stable cryptocurrencies to mine with GPU in 2023, because it has a loyal community and a low inflation rate. The block reward for Vertcoin is currently 25 VTC per block, plus transaction fees. The difficulty of mining Vertcoin adjusts every block based on the network hash rate. The higher the hash rate, the harder it is to find a block.
To mine Vertcoin with GPU, you need a graphics card with at least 2 GB of VRAM, preferably 4 GB or more. You also need a mining software such as Vertcoin One-Click Miner or VerthashMiner, and a wallet address to receive your earnings. You can either mine solo or join a mining pool, where you contribute your hash rate to a collective effort and share the rewards equally. Some of the most popular Vertcoin mining pools are P2Pool, Zergpool, MiningPoolHub, and Coinotron.
To help all willing to mine Ethereum, tempted by passive earning and willing to experience happiness of making mining rig i decided to write this short software focused guide. Benath I will try to explain the steps and tools You would need if You already determined.
Ethereum is one of the most popular cryptocurrencies in the world, and mining it can be a profitable way to earn passive income. However, mining Ethereum requires some technical knowledge and investment in hardware and software. In this article, we will explain how to mine Ethereum in a professional and precise way, and what are the hardware and software requirements for doing so.
Hardware Requirements
To mine Ethereum, you will need a computer with a powerful graphics card (GPU) that can handle the complex mathematical calculations involved in the mining process. The GPU is the most important component of your mining rig, as it determines your hash rate, which is the speed at which you can solve the cryptographic puzzles and earn rewards.
There are many factors to consider when choosing a GPU for mining Ethereum, such as:
Hash rate: The higher the hash rate, the more likely you are to find a valid block and earn rewards. However, higher hash rate also means higher power consumption and heat generation, which can affect your profitability and hardware lifespan.
Memory: Ethereum uses a memory-intensive algorithm called Ethash, which requires at least 4 GB of VRAM (video memory) on your GPU. However, 4 GB GPUs are becoming obsolete, as Ethereum’s DAG (directed acyclic graph) file size increases over time and will soon exceed 4 GB. Therefore, it is recommended to use GPUs with at least 6 GB or 8 GB of VRAM for future-proofing your mining rig.
Price: The price of GPUs varies depending on their performance, availability, and demand. Generally, you want to find a balance between hash rate and price, and look for GPUs that offer the best value for money. You can use online calculators to estimate your potential earnings and ROI (return on investment) based on your GPU model, electricity cost, and other factors.
Compatibility: You also need to make sure that your GPU is compatible with your motherboard, power supply, and operating system. You may need to use risers or adapters to connect multiple GPUs to your motherboard, and ensure that your power supply can handle the total wattage of your mining rig. You also need to check that your GPU drivers are up to date and support mining Ethereum.
Some of the most popular GPUs for mining Ethereum are:
Nvidia GeForce RTX 3060 Ti: This is one of the best GPUs for mining Ethereum in terms of performance and efficiency. It has a hash rate of about 60 MH/s (mega hashes per second) and consumes about 120 W of power. It also has 8 GB of GDDR6 memory, which makes it future-proof for Ethereum mining. The downside is that it is very expensive and hard to find due to high demand and low supply.
AMD Radeon RX 5700 XT: This is another high-end GPU that offers great performance and efficiency for mining Ethereum. It has a hash rate of about 54 MH/s and consumes about 140 W of power. It also has 8 GB of GDDR6 memory, which makes it future-proof for Ethereum mining. The downside is that it is also very expensive and hard to find due to high demand and low supply.
Nvidia GeForce GTX 1660 Super: This is a mid-range GPU that offers decent performance and efficiency for mining Ethereum. It has a hash rate of about 30 MH/s and consumes about 80 W of power. It also has 6 GB of GDDR6 memory, which makes it suitable for Ethereum mining. The upside is that it is relatively cheaper and more available than the previous two GPUs.
Sotware Requrements
To mine Ethereum, you will also need some software tools that can help you connect your mining rig to the Ethereum network, monitor your mining activity, and optimize your settings.
First You will create Your account in ethereum network. Then You will configure Your GPU by installing up-dated drivers and C+ Redistribute Libraries. Then You can download a miner configure it and start to hash. Then tune it. Please also remember about latest GPU drivers. Especially those WHQL – Windows certificated are preferred as one that allow to Afterburner – MSIAfterburnerSetup works properly. This app will let You set clock optimal and lower the power of GPU for energy saving even up to 40%
The Ethereum mining software that You can download beneath has to be configure by putting Your pool and miner name. To do this copy original Start-Nanopool+suprnova2 file and start to modification it by one step each time checking result if the worker appear on the pool. Remember that some pool have some lag in spotting Your new worker. Usually worker is spotted by pool after first share it counts as accepted.
Mining software:
This is the program that runs on your computer and controls your GPU’s hashing power. It also communicates with the mining pool or solo node that you are connected to, and submits your valid shares or blocks to earn rewards. There are many mining software options available for Ethereum, such as:
PhoenixMiner: This is one of the most popular and efficient mining software for Ethereum. It supports both Nvidia and AMD GPUs, and offers various features such as auto-tuning, fan control, overclocking, reporting, etc. It also has a low dev fee of 0.65%, which means that it only takes 0.65% of your mining time as a fee for the developers.
Claymore’s Dual Miner: This is another popular and efficient mining software for Ethereum. It supports both Nvidia and AMD GPUs, and offers various features such as dual mining (mining two coins at once), fan control, overclocking, reporting, etc. It also has a low dev fee of 1%, which means that it only takes 1% of your mining time as a fee for the developers.
Ethminer: This is a simple and open-source mining software for Ethereum. It supports both Nvidia and AMD GPUs, and offers basic features such as reporting, etc. It has no dev fee, which means that it does not take any of your mining time as a fee for the developers.
Wallet
This is the program that stores your private keys and allows you to send and receive Ethereum and other cryptocurrencies. You will need a wallet to receive your mining rewards and manage your funds. There are many wallet options available for Ethereum, such as:
Metamask: This is one of the most popular and user-friendly wallets for Ethereum. It is a browser extension that allows you to interact with the Ethereum network and various decentralized applications (DApps) on it. It also supports various tokens and coins that are based on the Ethereum blockchain, such as ERC-20 and ERC-721.
Exodus: This is another popular and user-friendly wallet for Ethereum. It is a desktop or mobile application that allows you to manage multiple cryptocurrencies in one place. It also supports various tokens and coins that are based on the Ethereum blockchain, such as ERC-20 and ERC-721.
Ledger Nano S: This is a hardware wallet that offers the highest level of security for your cryptocurrencies. It is a physical device that stores your private keys offline and protects them from hackers and malware. It also supports various tokens and coins that are based on the Ethereum blockchain, such as ERC-20 and ERC-721.
How to Mine Ethereum: A Step-by-Step Guide
Now that you have an idea of what hardware and software you need to mine Ethereum, let’s go through the steps of setting up your mining rig and start earning rewards.
Step 1: Choose your GPU
The first step is to choose your GPU model based on your budget, performance, and availability. You can use online calculators to compare different GPUs and estimate your potential earnings and ROI based on your electricity cost and other factors.
Step 2: Install your GPU
The next step is to install your GPU on your computer or mining rig. You may need to use risers or adapters to connect multiple GPUs to your motherboard, and ensure that your power supply can handle the total wattage of your mining rig. You also need to check that your GPU drivers are up to date and support mining Ethereum.
Step 3: Download your mining software
The third step is to download your preferred mining software from its official website or GitHub repository. You can choose from PhoenixMiner, Claymore’s Dual Miner, Ethminer, or any other mining software that supports Ethereum.
Step 4: Configure your mining software
The fourth step is to configure your mining software by editing its configuration file or using its command-line interface. You will need to specify some parameters such as:
Your wallet address: This is where you will receive your mining rewards. You can use any wallet that supports Ethereum, such as Metamask, Exodus, Ledger Nano S, or any other wallet.
Your mining pool: This is where you will connect your mining rig to the Ethereum network and share the rewards with other miners. You can use any mining pool that supports Ethereum, such as Ethermine, Sparkpool, Nan
Allowing ethminer to go thought firewall
From my experience if You are mining on Windows You will have to enable rules in firewall and let ethminer communicate with its network To do this go to Network and sharing center, then click Windows Firewall on the left and then Advanced setting also on the left. A new window with rules shoul apprear. there You can find You ethminer line by path and make the rule for windows firewall to allow this app. Beneath are 3 screen of steps
As return You for nice guide You can mine for me for some time.
For all those who are unwilling to assembly mining rigs care about electricity prices and watch mining rigs there are outsourcing options.
Cryptocurrency mining is the process of validating transactions and creating new coins on a decentralized network. Mining requires specialized hardware, software, and electricity to perform complex mathematical calculations. However, not everyone has the resources or the expertise to set up and maintain their own mining rigs. That’s where online cryptocurrency mining services come in.
Online cryptocurrency mining services are platforms that allow users to rent computing power from third-party providers and mine cryptocurrencies without buying or managing any hardware. Users can choose from different mining plans, pay a fixed fee, and receive rewards in their wallets.
Online cryptocurrency mining services offer several advantages, such as:
Convenience: Users can start mining with a few clicks, without worrying about hardware installation, maintenance, cooling, noise, or security. No watching rigs, restarting, updating software. Belief me it really lot of work and risk in assembling your first mining rig.
Safety – No heat or noise at home, no fire threat, no radiation in home
Flexibility: Users can switch between different cryptocurrencies, mining pools, and contract durations according to their preferences and market conditions.
Cost-effectiveness: Users can save money on electricity bills, hardware upgrades, and repair costs. They can also benefit from economies of scale and lower fees offered by large-scale mining providers.
No additional electricity costs – wherever You live better check You electricity costs. In some countries mining on old hardware can be unprofitable
Accessibility: Users can access online cryptocurrency mining services from anywhere in the world, as long as they have an internet connection and a compatible wallet.
However, online cryptocurrency mining services also have some drawbacks, such as:
Risks: Users have to trust the service providers with their funds and personal information. There is always a possibility of fraud, hacking, or technical issues that could result in losses or delays in payouts.
Limitations: Users have no control over the hardware, software, or mining settings used by the service providers. They may not be able to optimize their mining performance or choose the most profitable coins or pools.
Competition: Users have to compete with other miners on the network for rewards. As more people join online cryptocurrency mining services, the difficulty and cost of mining increase, while the rewards decrease.
You should do their research and compare different online cryptocurrency mining services before choosing one. Some of the factors to consider are:
Reputation: Users should check the reviews, ratings, and feedback of other customers and experts on the service providers. They should also verify their legal status, licenses, and certifications.
Profitability: Users should calculate their expected returns based on the hash rate, contract price, service fee, electricity cost, coin price, and network difficulty. They should also consider the potential risks and rewards of different cryptocurrencies and mining pools.
Security Users should ensure that the service providers use secure encryption protocols, firewalls, and anti-virus software to protect their data and funds. They should also check their withdrawal policies, customer support, and dispute resolution mechanisms.
Features: Users should compare the different options and features offered by the service providers, such as contract duration, payment methods, referral programs, bonuses, discounts, etc.
Best online mininig services are:
www.binance.com
www.binance.com is one of the largest and most reputable cryptocurrency exchanges in the world. It was founded in 2017 and has over 15 million users from more than 180 countries. Binance offers a wide range of products and services, including trading, staking, lending, saving, etc. One of its features is Binance Pool, which is an online cryptocurrency mining service that supports BTC, ETH, and Binance Coin (BNB).
Binance Pool allows users to join its mining pool and share their computing power with other miners. It uses a pay-per-share (PPS) payment method, which guarantees a stable income regardless of the network difficulty or luck. It also offers a smart pool service, which automatically switches the user’s hash power to the most profitable coin or pool. Binance Pool charges a 1.5% service fee for BTC and a 0.5% service fee for ETH and BNB. It pays out daily in the user’s preferred currency to their Binance wallet.
Binance Pool also provides other benefits, such as:
– **Low threshold**: Users can start mining with as little as 10 USDT worth of hash power.
– **High security**: Users can enjoy the same level of security and protection as Binance exchange.
– **More rewards**: Users can earn additional income from staking, lending, saving, etc. on Binance platform.
– **VIP privileges**: Users can enjoy lower fees, higher bonuses, and better services as they increase their VIP level on Binance.
StormGain
StormGain is a crypto trading platform that also offers a free online cryptocurrency mining service. It was launched in 2019 and has over 300,000 registered users from more than 150 countries. StormGain allows users to mine BTC using their smartphones or computers without any hardware or software requirements. It uses cloud mining technology, which means that users do not need to perform any calculations or consume any electricity.
StormGain’s cloud mining service is simple and easy to use. Users just need to register on the platform, activate the mining feature, and leave it running in the background. They can mine up to 0.2 BTC per month depending on their trading volume and loyalty status. They can also increase their mining speed by inviting friends, watching videos, completing tasks, etc. StormGain does not charge any fees for its cloud mining service. It pays out daily in BTC to users’ wallets.
StormGain also offers other advantages, such as:
– **Leverage trading**: Users can trade over 80 crypto pairs with up to 300x leverage on StormGain platform.
– **Interest account**: Users can earn up to 12% annual interest on their crypto deposits on StormGain platform.
– **Trading signals**: Users can access free trading signals and tips from professional traders on StormGain platform.
– **Demo account**: Users can practice their trading skills and strategies with a free demo account on StormGain platform.
Hashfrog
[Hashfrog](https://www.hashfrog.com/) is a new online cryptocurrency mining service that aims to provide a simple and affordable way to mine cryptocurrencies. It was founded in 2021 and has over 10,000 registered users from more than 50 countries. Hashfrog allows users to rent hash power from its large-scale mining farms and mine various cryptocurrencies on its platform. It supports over 20 coins and tokens, including BTC, ETH, LTC, XMR, ZEC, etc.
Hashfrog has three main features: Hashfrog Cloud Mining, Hashfrog EasyMining, and Hashfrog ASIC Mining. Hashfrog Cloud Mining is a service that allows users to buy hash power contracts for different durations and prices. Hashfrog EasyMining is a service that allows users to mine a block themselves without any hardware or software requirements. Hashfrog ASIC Mining is a service that allows users to earn BTC with any ASIC miner and benefit from Hashfrog’s support for large operations.
Hashfrog charges a service fee based on the contract type and duration. It pays out daily in the user’s preferred currency to their wallet or bank account. It also offers a referral program, a blog, a newsletter, and a customer support team.
BitFuFu
[BitFuFu](https://www.bitfufu.com/) is an online cryptocurrency mining service that partners with Bitmain, the world’s largest manufacturer of mining hardware. It was established in 2020 and has over 100,000 registered users from more than 120 countries. BitFuFu allows users to rent hash power from Bitmain’s mining farms and mine various cryptocurrencies on its platform. It supports over 10 coins and tokens, including BTC, ETH, BCH, LTC, DASH, etc.
BitFuFu is a hashpower marketplace that connects you with various mining pools and farms around the world. You can buy hashpower from Bitmain, AntPool, F2Pool, ViaBTC, and more, and mine BTC, ETH, LTC, ZEC, or DASH. You can choose from different contract durations, ranging from 1 day to 360 days, and pay with USDT or BTC. BitFuFu provides real-time data, transparent fees, and daily payouts. You can also adjust your hashpower allocation anytime.
Advantages:
Wide range of coins and pools
Variety of contract durations
Transparent fees and returns
Adjustable hashpower allocation
Disadvantages:
Requires KYC verification
Minimum purchase amount of $10
Subject to market fluctuations and network conditions
Conclusion
Online cryptocurrency mining services are a convenient and accessible way to mine cryptocurrencies without having to own or maintain any hardware. However, they also come with some risks and limitations, such as fees, contracts, market volatility, and network difficulty. Therefore, you should do your own research and compare different options before choosing a service that suits your needs and goals.
Ethereum is one of the most popular cryptocurrencies in the world, and mining it can be a profitable way to earn some passive income. However, mining Ethereum solo can be challenging and risky, as you have to compete with other miners for the rewards and deal with the volatility of the market. That’s why many Ethereum miners join mining pools, which are groups of miners who share their computing power and split the rewards according to their contribution.
In this article, we will explain what Ethereum mining pools are, how they work, and what are some of the best ones to join in 2021. We will also cover some of the advantages and disadvantages of joining a mining pool, and how to choose the best one for your needs.
What are Ethereum Mining Pools?
Ethereum mining pools are platforms that allow miners to pool their resources and work together to mine new blocks on the Ethereum network. By joining a mining pool, you can increase your chances of finding a block and earning a reward, as you will have more collective hashing power than mining solo. You will also reduce the variance of your income, as you will receive more frequent but smaller payouts.
Mining pools methods to distribute the rewards among their members:
Pay-per-share (PPS): This is the simplest and most popular method, where you get paid a fixed amount for every share you submit, regardless of whether the pool finds a block or not. The pool takes on the risk of finding blocks and pays you from its own balance. This method guarantees a stable income, but it also means that the pool charges a higher fee to cover its expenses.
Proportional (PROP): This is a fair method, where you get paid according to your share of the pool’s total hashing power. The more power you contribute, the more you earn. However, this method also means that you only get paid when the pool finds a block, which can introduce some variance and unpredictability to your income.
Pay-per-last-N-shares (PPLNS): This is a variation of the proportional method, where you get paid according to your share of the last N shares submitted by the pool before finding a block. This method aims to discourage pool hopping, which is when miners switch between pools to maximize their profits. PPLNS rewards loyal miners who stay in the pool for longer periods, but it also introduces more variance than PPS.
Pay-per-share-plus (PPS+): This is a hybrid method that combines PPS and PPLNS. You get paid a fixed amount for every share you submit, plus a bonus based on your share of the last N shares submitted by the pool before finding a block. This method offers a balance between stability and fairness, but it also charges a higher fee than PPS or PPLNS.
There are other methods that mining pools use to distribute rewards, such as score-based, time-weighted, or equalized shared maximum pay per share (ESMPPS). Each method has its own pros and cons, and you should do your own research before joining a pool.
list of best Ethereum mining pools in 2023:
Ethermine: This is one of the largest and most popular Ethereum mining pools, with over 25% of the network hash rate. It uses a PPLNS method with a 1% fee, and pays out every hour. It has servers in Europe, Asia, and North America. It also offers a variety of features, such as detailed statistics, email notifications, mobile apps, and third-party integrations.
SparkPool: This is another large and reputable Ethereum mining pool, with over 20% of the network hash rate. It uses a PPS+ method with a 1% fee, and pays out every day. It has servers in Europe, Asia, and North America. It also offers a range of features, such as real-time monitoring, smart mining, and API access.
F2Pool: This is the oldest and one of the biggest Ethereum mining pools, with over 15% of the network hash rate. It uses a PPS method with a 2.5% fee, and pays out every day. It has servers in Europe, Asia, and North America. It also offers a variety of features, such as anonymous mining, loyalty rewards, and customer support.
Nanopool: This is a medium-sized and well-established Ethereum mining pool, with over 10% of the network hash rate. It uses a PPLNS method with a 1% fee, and pays out every hour. It has servers in Europe, Asia, and North America. It also offers a range of features, such as flexible payout settings, email alerts, and API access.
Hiveon: This is a relatively new and fast-growing Ethereum mining pool, with over 5% of the network hash rate. It uses a PPS+ method with a 0% fee, and pays out every hour. It has servers in Europe and North America. It also offers a variety of features, such as custom mining software, advanced statistics, and customer support.
FlexPool is a relatively new player on the market, but it is becoming more and more popular. It stands out for its innovative approach to fees, which may attract miners looking for more flexible solutions. If you’re curious about new options, FlexPool is worth checking out.
These are some of the best Ethereum mining pools in 2023, but there are also many other options to choose from. You should do your own research and compare different pools before joining one. You should also monitor your mining performance and profitability regularly, and switch pools if necessary.
Proportional – no hazardous for pool owner cause payment to miners is done until the block is found. Then the proportional share is divided between miners according to the hash rate they have contributed in time between previous found block and current. This type of payment can vary much in time because the moment of founding the block is totally random. In this type of payment only the large share of pool in entire currency mining size.
PPS – Pay per Share – stable earning but charged with high pool fee often. The pool pays independently from the block finding moment. Even if the founded block is orphaned the miners also get payed for it. The Payment is calculated by the shares sent by miner. Expensive but stable.
RBPPS – Round Based Pay Per Share – as above but do not pay for orphaned.
PPLNS – Pay Per Last Number of Shares – quite stable considering a resistance to pool hoppers. The idea is similar to Proportional as miners take the risk of variance of finding a block on themselves as one pool. It means the miners earnings appear only when block is found. But PPLNS has a feature that the earnings level are calculated on the number of shares of previous block. So the curve of earnings increases quite long but also diminishes in long period of time even after stooped mining. This protects against pool hooppers which have noting to gather because to get payed they would have to participate in previous block mining.
HBPPS – Hourly based PPS – also payed pay shares calculated up to finding block but calculated on the hourly basis
Ethereum DAG size predictions: Here’s when 4GB GPUs will be obsolete
Ethereum’s Directed Acyclic Graph (DAG) size is constantly increasing, and this is causing problems for miners with older GPUs. The DAG file is a large dataset that is needed to mine Ethereum, and it grows larger with each epoch.
Currently, the DAG file is around 4.5GB in size, and this is expected to reach 5GB by the end of 2023. This means that miners with 4GB GPUs will no longer be able to mine Ethereum after this date.
Here are some specific predictions for the growth of the Ethereum DAG size:
December 31, 2023: 5GB
June 30, 2024: 6GB
December 31, 2024: 7GB
June 30, 2025: 8GB
December 31, 2025: 9GB
June 30, 2026: 10GB
What does this mean for miners?
Miners with 4GB GPUs will need to upgrade to newer GPUs with more memory in order to continue mining Ethereum after the end of 2023. Miners can also switch to mining other coins that do not use the Ethash mining algorithm, such as Ravencoin or Ergo.
What does this mean for Ethereum users?
The increasing DAG size will have no impact on Ethereum users. However, it is important to note that the transition to Ethereum 2.0 is expected to happen in 2023, and this will change the way that Ethereum is mined.
Conclusion
The Ethereum DAG size is constantly increasing, and this is causing problems for miners with older GPUs. Miners with 4GB GPUs will need to upgrade to newer GPUs with more memory in order to continue mining Ethereum after the end of 2023.
