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Author Topic: Anyone doing the Ethereum staking?  (Read 281 times)
aardvark15 (OP)
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February 07, 2020, 11:20:23 PM
 #1

I’m thinking about doing the Ethereum staking but joining a pool. Anyone know if it’s going to be worth it?
BitSat19
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February 07, 2020, 11:27:01 PM
 #2

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
aardvark15 (OP)
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February 07, 2020, 11:36:36 PM
 #3

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.
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February 08, 2020, 07:20:43 AM
 #4

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

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February 08, 2020, 07:31:29 AM
 #5

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

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February 08, 2020, 09:37:25 AM
 #6

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

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February 08, 2020, 10:05:08 AM
 #7

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
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.

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February 08, 2020, 10:05:22 AM
 #8

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


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



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



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February 08, 2020, 10:15:57 AM
 #9

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.

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February 08, 2020, 10:19:14 AM
 #10

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

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February 08, 2020, 10:21:33 AM
 #11

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?
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February 08, 2020, 10:21:43 AM
 #12

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.
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.

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February 08, 2020, 11:03:43 AM
 #13

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.
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February 08, 2020, 11:14:43 AM
 #14

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

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February 08, 2020, 11:49:35 AM
 #15

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.
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.
Oh yeah, maybe I'll save first to get 32 Eth.  Cheesy
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.

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February 08, 2020, 12:40:21 PM
 #16

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.
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February 08, 2020, 01:00:37 PM
 #17

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.

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February 08, 2020, 01:12:12 PM
 #18

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.
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,
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February 08, 2020, 01:24:00 PM
 #19

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?
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.

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.
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.
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February 08, 2020, 01:25:24 PM
 #20

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
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.
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.

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