In the post-Merge world of GPU mining, those without the most efficient hardware and lowest cost of power will have a hard time competing to mine other proof-of-work coins.
As most of Ethereum’s hash rate flows over to other coins like Ethereum Classic, their profitability will plummet. Miners hope the value of those other blockchains can grow over time.
This is from a private group...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: