Ethereum transitioned from Proof of Work to Proof of Stake in 2022. Although direct ETH mining is no longer possible, this guide explores the best Ethereum alternatives for GPU mining, ETH staking strategies, and how to mine ETH-compatible tokens on EVM-supported blockchains.
No, Ethereum officially ended Proof of Work mining after the Merge in 2022, transitioning fully to Proof of Stake. Miners can no longer earn ETH through computational power. Instead, users who want to support the network and earn rewards can participate in Ethereum staking. However, GPU miners have turned to other Ethereum-like coins such as Ethereum Classic (ETC), Ravencoin (RVN), or Ergo (ERG), which maintain similar mining algorithms and profitability potential.