Bitcoin Forum

I’m thinking about doing the Ethereum staking but joining a pool. Anyone know if it’s going to be worth it?

May be this will help you as I was also searching for this and have this but I personally not using this so please be-careful and do your all search before doing any business with any one https://medium.com/rocket-pool/rocket-pool-101-faq-ee683af10da9

Yes I had already heard of Rocketpool. I was thinking about maybe just using 1 Ethereum at first with them and see how it goes. Still that’s $200 that I’m risking.

I think its better to wait for the real Ethereum proof of stake upgrade that will happen in less few months, sending your Ethereum to a website or exchange for staking is dangerous, hackers are still out there finding ways to jailbreak their next victim exchange

I can't even do any staking because I'm too scared of sending my coins to an exchange, even top exchanges like binance and kucoin have stake plans on their platform for many coins like tezos but once I send the coins out its out of my reach, if an hack takes place I lose my coin

Still, nobody knows until it's already on operation. I can't fill the 32 ETH as well and planning to get into a pool if it's already good.
I think it will be worth to just test out a few ETH that you afford to lose.

That's right, I also never bet ethereum coins, because that is very risky, and I personally also prefer to trade ethereum in the exchange at this time, rather than doing ethereum betting on any exchange.

Some people have been using it since 2015 but just try using a small amount of ethereum to test the platform.


No ETA for ethereum POS and it has already expected to come next year. This time there's only a beacon chain as a POS chain test net for ethereum. Some people have already tried to participate to be the delegations on it but it's just a testnet.



No ETA about that and it may come this year or next year. It's better to get started with another POS coin. How can you know if that will happen in the next few months? I didn't even see any statement from the core developer of ethereum about that.

I think it's better to wait for the official release from the Ethereum team. to date Eth 2.0 is still a question mark, even though many investors are waiting for Eth 2.0 to come (staking). if it's been released I think of course such a famous exchange will provide a pool for Eth 2.0. maybe I will try it if it's released and officially, I will look for a pool provider with a good reputation. because I don't have the money to buy 32 Eth.

Ethereum 2.0 has been postponed again but it will worth all the wait, if the ETH staking is from binance or top exchange you can proceed but if its from low exchange you will get burnt in the end, I suggest you stake coins from your own wallet instead

When eth 2.0 release I think the total collateral for masternode is 33 ethereum. Do you mean just staking or vote for nodes or running a node your own?

a few months ago I had read an article that ethereum did not have such a program, if there is such a program offered by an exchange place then you must be careful and now a place of exchange that has a high reputation does not yet have such a program because it is indeed difficult to happen.

At the moment, I believe that Ethereum is the most promising coin of 2020. And if investors take part and invest in Ethereum, they will receive good returns. Personally, I bet on Ethereum and will soon receive excellent income. Which will please me more than one year. So I recommend everyone not to miss this opportunity and invest in Ethereum.

I thought it was for this year. Anyway, everyone is excited about this transition and Vitalik should work on this as soon as possible because everyone is waiting but quicker time of release can lead to a poorer transition.
It's okay if it's just the testnet, it's for the experience.

Oh yeah, maybe I'll save first to get 32 Eth.  :D
unfortunately at this time the price of Eth has jumped and a little sorry last month did not buy Eth. if the price of Eth does not exceed $ 400 maybe I can afford to buy 32 Eth later, and if I can't afford to buy, maybe I will still use pool services. because I'm not too smart to trade. exchange with a good reputation in my opinion is not a problem.

unofficial ETH staking is a bad idea, in fact a stupid one that can make you lose your ETH if care is not taken, It will be wiser to wait for the implementation of Proof of Stake feature that's upcoming in the next ETH upgrade called ETH2.0, do not send your ETH to exchange for staking.

Officially they have not released a confirm date. I have been hearing about it from 2016 and it has been 4 years now nothing has changed. It would be rather risky to send your ETH to a pool where in no one knows when staking will start officially. It is better to wait than take a risk.

Anyways the price of ETH is soaring up, it is good time to HODL and book profit after few months.

Which one site have support with staking ethereum because the best way how to get much profit for me because still hold ethereum with long time, maybe I am waiting until ethereum back to higher price above $1,000 for selling and use eth for staking is best thing with holding and increase my value,

It is 32 Ethereum for one full node instead of 33 Ethereum. You can check it on this doc: https://docs.ethhub.io/ethereum-roadmap/ethereum-2.0/eth-2.0-phases/
Find all of the information about the transition there.

Of course not, did you remember when exchanges were enabling Tezos staking program on their platform? it is their feature to attract new users, increase their liquidity and making money from it. There is no way a project will announce this kind of program when it happens on other platforms.

Indeed Etherum trading would earn more profits than etherum staking. Also staking and betting are a different parts of investment. Betting in the sense we bet our coins onto some game or anything like this in order to have profits but staking means we need to hold some specific number of coins onto our wallets for a fixed time in order to gain benefits.

But, I personally do not think that you can earn more than 15% to 20% in staking but in trading you can earn above 50% in the same time interval so it would be better for OP to think about trading. Staking would need no hard work and would give fixed profits but trading would need you to denote some time and also make some research but your profits there would be much better than the staking rewards.

You can use some reputable platforms to stake your coins. You can also find some platforms which allow you to stake you coins you earn dividends. You can try binance staking platform linked: https://www.binance.com/nl/staking but I am not sure if they allow you to stake ETH at the moment but yet there are some other coins which you can stake on the platform. You can choose a better coin with good ROI and try to stake there.

Choosing trustworthy platform for staking is the basic step and you should never choose a scam platform to stake your coins because you would never get profits from such coins. Binance is in the queue for a while and it can be trusted for staking our coins so you can convert your ETH to some other coins which are been allowed by binance for staking.

I think it is better to wait for the real Eth network to move to pos algorithm, personally i do not like third party pools and investments, i agree that after eth pos is launched and you cannot stake yourself then look for reputed exchanges or wallets that provide this service like binance and kucoin.

I totally agree with what you say because by waiting for certainty from ethereum you will not doubt what will be developed from ethereum, as long as you wait then I suggest you can have a little ethereum for your savings so when the event launches and your prices go up can get profit.

It looks like you will still have a long time to think about it.

You can read here from bbcreporter.
https://bitcointalk.org/index.php?topic=5224102.0
Credit to him.

I would stake but I will do it alone. Just for experience though.
I want to see if there will be errors or how much will it be for months or maybe a year.
Afterwards, if the profits are good then I might go large into risking more. But I don't trust pools.

Waiting for certainty from vitalik is in my opinion the best thing. Until now Ethereum 2.0 is still a warm conversation. What pisses me off is why I have to postpone it until now, even though investors are very enthusiastic in waiting for Ethereum 2.0. maybe some people who can't afford 32 ETH will use pool services. Of course here reputation is very influential, I'm sure the top exchange might be involved with Ethereum 2.0. as it is currently serving staking coins.

I'm almost sure that staking program isn't run yet of Ethereum blockchain by Ethereum 2.0. By taking high risk of your money, you can join unofficial staking program that I won't suggest you. Without any official announcement staking program could lose your money.

Ethereum 2.0 has not been launched yet, it says there is news about it being delayed, so be careful if anyone has an Ethereum staking program, you must be careful because of fraud

It's funny reading this thread. It's as "Proof Of Stake" seems so new to you guys. It's been around for years, however great to see Ethereum adapting it, as it's far superior to traditional mining in so many ways.

I stake my BLOCK with an annual yield of 14%, which is pretty decent. I would NEVER use a service, or pool (unless completely decentralized) to stake my coins, way too easy of a target for potential hackers.

Is ethereum now on full PoS stake phase or i miss that info? Well if can stake directly on address will be great without let the pc turn on 24/7, oh i see that not start yet as other peson say it, so maybe is a trick to steal people coins.

Different scam site already doing it. We shouldn't believe any staking program until official announcement by Ethereum blockchain 2.0. I think every staking program is scam of Ethereum staking than you shouldn't have interest on it. Instead staking, you should invest in any coin which has upcoming halving news.

Many things have changed in the staking world.
To 'fight' the issues of custodialship, decentralization and 'Ethereum standards' we're working on SSV

Would be great to get your opinion on it:
https://bitcointalk.org/index.php?topic=5349381.msg57465896#msg57465896
or ssv.network (http://ssv.network)

If you do not have 32 ETH to become a network validator, in this case you can try the Ethereum-2.0 staking offered by the Binance exchange. In my opinion, this exchange deserves the trust of its users. In addition, "Binance will cover all validator operating expenses and bear the risk of on-chain penalties." For more information, see here: https://www.binance.com/en/support/faq/eecd04618b5042c79f2a5b07f895c498

I am not yet, but there are figures that more than 7 million ETH has been staking by the majority of the community into ETH 2.0 early.  more than 200k users are trusting the spectacular "makeover" of ETH 2.0 with staking and sharding

used to be ethereum in mine. and now we're getting closer to staking ethereum.
some of those who have done it from the start will indeed get a pretty good commission. this is all to support the launch of ethereum 2.0. and when successful, I think everyone will benefit from his patience.
I have not participated because, in the past, the capital to join was quite large.
maybe in the future, ethereum will be closer to bitcoin.

If you are not having 32 Ethereum the only possible way is to find a pool and stake your coins and the only disadvantage would be you cannot unlock your coins for a long period of time, many exchanges give you the opportunity to stake your coins and i am staking a few coins in a pool in Binance and i am not sure what the end result would be but i am still taking risk to stake my coins to see what the end result would be.

stake on binance to get eth 2.0 is not worth it because they can no longer be withdrawn until the actual release of eth 2.0 on the market, it is better to stake them on nexo (even if it is centralized) where they give 8% per year, or provide usdc / eth liquidity on ribbon.finance where the apy is 30%

 I think it is a good decision to do ethereum staking if you strongly believe in it and you have ethereum that you don’t use, as until launch your assets will be locked. We still don’t know the valid date of launching.

One more thing that I want to add is that you shouldn't be afraid of locking your Ethereum. Now this issue has already been solved with liquid staking.  Lido creates on-chain asset, stETH (staked ETH), which is issued in exchange for ETH sent for staking on Eth2. stETH can be bought, sold and used as collateral in DeFi protocols, increasing capital efficiency and the ability to generate increased income.

yes this is a good idea however I have no eth staking but I know about it its a very good idea of passive income. I have some staking coins like that DOT and TRX so from that I know about the Staking system I highly appreciate it.