I like the Raven network from the perspective of developer (lower gas fees, wide variety of usage, trustworthy developers behind) and I assume the price will raise with the shift of miner-public interest.
ETH will be a valuable opportunity even after the “London” update (end of June, early July), but the switch to PoS is a hard to pass unless you’re able to mine 32ETH and become a validator (my case).
With “London” update we can expect that the mining profitability will lower, in worst case scenario by 40%, but actually the price of ETH will raise - so the $ income might be nearly the same.
Sadly, the possibility of mad-miner community driven 51% attack and rise of ASICs and high fees for developers are huge thread to the network functionality and promises towards the developers. So the switch to Proof-of-Stake, previously scheduled by the end of this year, will most likely come even sooner.
This is my plan and maybe the reasonable thing to do for the ETH mining newjoiners with weak rigs obtained within last 2 months:
- We came late to the party and you should consider all your HW as sunk cost and don’t invest in any new HW as the price of new equipment is too high.
- If you want to spent money now, buy rather the ETH directly
(if you’re looking for quick “easy” profit, I would suggest daily trading with some strong community driven token, for example BTT).
- With the hardware that you currently have focus on ETH only, the end is coming and you need to stack as much ETH and consider it as long-term investment. True benefits from this will come in years, so try to hold and monitor ETH position (only a fool would trade ETH for fiat in 2021).
- After PoS switch you can turn into Ravencoin, the prices of new hardware will lower once the situation about silicone processing (google: Taiwan, Samsung chip shortage) is to be resolved (much likely with the spring rain season).
(bonus) If you hoped for a quick buck and bought cards before Feb21, I would suggest mine ETH and with the PoS sell your cards to gamers. Profit from this can be pretty significant.