I will provide you guys with several statements related to the crypto mining nowadays. Some of them are absolute truth, others are conclusions based on extensive experience I have in the matter.

Mining will endure

Mining will absolutely stay a thing. However it all depends on the Electricity costs. The less you pay for Kw/h the more profitable mining is. If you have free electricity somehow you can only gain pure profit from mining. Other thing that affects profitability is the mining difficulty - which is affected by the number of miners on the network. The lower difficulty is it means more profit for the miners.

The new crypto projects will be less

After the big crypto bull run, back in 2017 even the worst crypto projects had high prices. Today the risk of losing money when getting in to some weak project is way higher than back in the day.

Some cryptocurrencies will be going away

As of today, we have over 5000 coins and tokens listed on Coinmarketcap. Many of them will start to fade away and go to the "dead coin" paradise. That means some people might lose money. Make sure guys, you only pick strong projects with promising future. Always do your own research and do not believe on bombastic promises.

Graphics cards will remain in high demand for mining

GPUs have proven to be way more resilient when it come to mining when you compare them to ASICs. However a Video Card can mine multiple different algorithms/coins, when the ASIC is limited in a way it can mine only one specific algo. And most crypto projects are always trying to stay ASIC resistant. When it comes to GPU, even if you do not mine with it, you can game or even sell it for a good price.

Crypto Dev teams will keep trying to remain ASIC resistant

There is nothing more crushing for a PoW-based crypto project than when a company line Bitmain manages to develop and mass-produce a ASIC for that specific algorithm. Most of the forks and changes of algorithms are caused exactly by this. So think twice if you decide to invest in an expensive ASIC. One more thing - mass producing ASICs is bad for the average miner like me and you, because it will lead to companies creating those big mining farms with thousands of ASICs increasing the difficulties to the sky.

Ethereum will be switching from PoW to PoS

ETH switching from Proof of Work to Proof of Stake means that it will be no longer mined with a GPU or ASIC. It will be like other coins like Energi or Tezos, where you receive rewards for keeping amount of coin in your wallet over time. The effect of this will be that all the people who are mining ETH with their GPUs will have to switch to some alternate projects which on their side will have their difficulty increased by much. Currently ETH is the most GPU mined currency in the world.

That's it from me. 

If you guys want to start mining, you should do your own research. Read recent articles on trusted sources and never ever invest money you cannot afford to lose. And do not ever borrow money just for the purpose of get into mining or investing in crypto.

I hope you guys find this interesting.