I just looked back at the history of Ethereum mining and have to admit that it has become a part of history now. But many people are still curious about how to mine ETH on a computer and whether it still makes sense.

In fact, after the Merge event in September 2022, Ethereum transitioned from Proof of Work to Proof of Stake, and ETH mining officially ended. Over the previous 7 years of operation, the network had mined more than 9.8 million ETH. However, this doesn’t mean what we learned is no longer valuable.

If you're curious about how to mine ETH on a computer in the past, the process was quite simple. You just needed software like ETHminer, Claymore, or CGMiner, then connect to a mining pool such as Ethermine. GPU users (graphics cards) like AMD Radeon RX 480 or NVIDIA GTX 1070 could earn about $5-10 per day, depending on electricity costs and hardware configuration.

The initial investment cost was quite high. A setup with 8 graphics cards could cost around 16 million VND, plus monthly electricity expenses. Net profit was usually only a few million VND per month, not very impressive compared to the capital spent.

Today, if you want to mine ETH on a computer, you can no longer do that with Ethereum. But previous miners have shifted to mining Ethereum Classic or other coins using the Ethash algorithm.

Instead, there are other ways to profit from ETH that are more effective: staking (deposit coins to earn interest), trading margin CFDs, or simply buying and holding. These methods don’t require expensive hardware and are more flexible.

Although mining ETH on a computer is no longer feasible with Ethereum, it remains an interesting part of crypto history. Tech enthusiasts and computational hobbyists can learn a lot from this process. Nowadays, I see many new investors switching to trading instead of mining, because it requires less capital and offers more flexibility.