Not too good for mining eth vs a pair of 5700 xt
once ETH fixes fees it wont be so profitable for these nutbags using current profit numbers for their buying decisions,
eth default hashrate for me is 30 mhs rx 580 and that is giving at moment $0,50 net, if it could reach $1 per day per rx 580 then would be a return to august 2016, at moment if this price keeps, $0.50 net then we have that eip if voted on, it will make any fees not going to miners anymore, so making that $0.50 net to go lower, possible $0.30 if eth $400 holds then we have eth 2.0, hybrid, reducing eth reward blocks to half, if eth is still $400 then from $0.30 to $0.15 net per 30 mhs, there is another eip
https://github.com/ethereum/EIPs/pull/2878 , to reduce the eth block reward from 2 at moment to 0.5 eth, that will reduce 4x more, so $0.15 net will become $0.04 net per 30 mhs. The only way for eth to return to $1 per 30 mhs is if price increases 25x, from $400 to $10000, that would be 25 x $0.04 = $1 per 30 mhs, will it happen? not in the short term and by then eth mining will be dead. So do not buy expensive cards for mining, stop and think carefully. I would not even think about buying any gpus at all.
There is however a time when all 4gb gpus and asics will stop mining eth, november 2020, for a brief moment and if no eips were voted yet and eth 2.0 is not here yet then that $0.50 net could get close to $1 even if for a short amount of time, weeks to 3 months at most.
