Once the merge completes, miners won't simply disappear. They will move to the next profitable coin.
What is the next profitable coin? It's anyone's guess but here are two of the main contenders that I could find:
1) Ravencoin (RVN)
Currently rank 89 on coinmarketcap, Ravencoin is a hot contender for post merge mining. Ravencoin is a peer-to-peer blockchain habdling transfer of assets from one party to another. It is very NFT focused. It has its own blockchain.
In terms of mining, Ravencoin uses a new algorithm known as KAWPOW. Itβs designed to be Application Specific Integrated Circuit (ASIC) resistant and is designed to be efficient on consumer GPU hardware.
Raven is easy to mine but one could argue that this could make ravencoin less valuable in future. Also we don't know how useful NFTs will be in the future.
2) Ergo
Ergo is rank 222 on coinmarketcap and is currently quite profitable to mine. It's currently less accessible than ravencoin, but it presents a solid choice for miners post merge.
Unlike Ravencoin, Ergo is more smart contract focused. As per their website "Ergo is a next-generation smart contract platform that ensures the economic freedom of ordinary people through secure, accessible, and decentralized financial tools."
Also like ravencoin, in terms if mining Ergo uses what it calls Autolkyos which is a memory-hard ASIC-resistant Proof of Work algorithm oriented towards GPUs.
Also like ravencoin it is fairly easy to mine.
One could argue Ergo is less accessible and less user friendly than say Ravencoin, but it represents a solid choice.
I would welcome further input, what other coins do you think post merge miners will migrate to?
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