I understand that Proof of Stake has to do with saving ones Ethereum to earn 1% reward for securing Ethereum Blockchain? and I learned Ethereum is planning on migrating from Proof of Works to Proof of Stake but the concept does not completely make sense to me... Does it mean no more hardware mining of Ethereum? If yes, how then will Ethereum be generated?
YOu can try to read economics whitepaper about the casper pos and it will be useful for you to try to go to the ethereum github and you can try to read about the explanation of the casper pos and some updates such as the metropolis update.
