Ethereum mining profitability & EIP-1559

Ethereum prices skyrocketed and with it also ethereum mining profitability. I am talking about why mining profitability is high, what this means and what things to consider if you want to join crypto mining.

Disclaimer :
1. I am not an expert.
2. This is not financial advice
3. Do your own research
4. Everything said is from my point of view and for entertainment purposes.
5. My clocks/voltages may not work for you, remember silicon lottery.
6. I am not responsible for any kind of damage you might do to your GPU/system. Test at your own risk.

#Ethereum #mining #cryptomining

[AleksandrsBrodie]

good explanation and i agree, smart to think about EIP 1559.

[SeanWinkler]

Thanks for making this video and explaining how to cap the block reward at two eth on the whattomine website.

[erickwalker]

Yeah don't buy any gpus off of Amazon. I bought seven of them through Best Buy all at MSRP in the past two and a half weeks

[OJUNDIOMAR]

Question if most of transaction fee is burnt why wouldnt the difficulty dip below 2 eth reward ?

[herbertvonsauerkrautunterh]

Change over to ethereum classic. Can at least mine that with 4gb cards..

[jorgeneo]

vitalik clearsly want centralization, forget eth screw it

[erickwalker]

Besides my other comment these Developers are definitely screwing miners. Need to develop a propaganda program and turn all equipment away from ethereum for 24 hours and see how the network handles that.