Re:Will GPU mining end after the Merge (formerly called ETH ...
by mrguyorama on Monday July 11, 2022 @02:24PM
(#32059792)
Bitcoin hasn't been GPU mining in a very long time. It uses custom ASICs. The distinction is that bitcoin itself has very little effect on the GPU market. However, seeing as most coins are pretty correlated with bitcoin, at least until they completely fail, bitcoin price has like a second order effect on the GPU market.
The difference between validator computation and computation by miners is that validators are running contract code that does something that someone has asked for vs miners are just running calculations just to prove they have (ie the calculations themselves are entirely unneccessary outside of mining.
[1] Bitcoin for example will still be doing this type of mining and "the merge" itself is entirely an ethereum thing.