4G graphics card cannot mine ETH, what else is left to mine

4g graphics card cannot dig ETH, what else is left to dig? 4g graphics card cannot dig ETH, what else is left to dig? 4g graphics card can only dig ETH, what else can we dig now? The latest upgrade of Ethereum EIP-1559 will be released on August 1. According to the official announcement, some miners have had to shut down due to the current ETH price exceeding $120. In order to avoid this phenomenon from happening again, some experts suggest that the latest 4GB and 5G memory can be considered for mining. Without these new 4GS graphics cards, there would be no support for new ETH mining

Can 4g graphics storage no longer be used for mining?

Editor’s note: This article is based on data and reprinted by the Daily Planet Daily with authorization According to the latest data, can 4g of memory only be used for mining

In the past month, the volume of transactions on Ethereum’s network has approached 1 billion, with an average daily transaction cost of $15, far lower than the $300000 (about $100 million) in August last year, which means that Ethereum currently processes about 32000 requests (TPSs) per second. However, according to the statistics of bitinfocharts, the number of daily active addresses of Ethereum has reached more than 60000. However, if Cryptocurrency such as Bitcoin and Ethercoin are considered as reference indicators for measurement, the current price of Ethercoin is still very low So the question arises, why is Ethereum so cheap now? In fact, in essence, the market value of Ethereum is only a small part of the total circulation supply of Bitcoin. At the beginning of the bull market in 2017, the value of Bitcoin experienced a significant decline. Since the beginning of 2020, as the Bitcoin block rewards have been reduced by more than half, Ethereum’s activities on the chain have declined. Since this year, with the rising price of Bitcoin, people’s demand for Ethereum has also risen sharply in the bear market from the end of 2017 to 2018. But in recent quarters, the situation has been steadily improving Although 2G graphics memory can be mined, it may have some impact during actual operation; 2. When you connect your wallet to Ethereum 2.0, a question may arise: can Ethereum complete the transfer operation in a shorter time and how to confirm the transaction data? 3. Ethereum network congestion, gas charges and other reasons may cause these consequences.