1 Million Ethereum coins STAKED on ETH 2.0 but IS IT PROFITABLE?!

[VoskCoin]

Over a million Ethereum ETH Ether coins will be staked on Ethereum 2.0 but is it profitable to stake on ETH 2.0? Validator nodes can be SLASHED where stakers actually LOSE ETH and thus money!
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https://www.youtube.com/watch?v=8Wg-wu4Unig


Ethereum 2.0 has successfully launched with over half a million ETH required to launch it, and now over A MILLION ETHEREUM will be staked on the Ethereum 2.0 blockchain. Thousands of cryptocurrency investors are earning interest staking their Ethereum on ETH 2.0. What happens to Ethereum mining now that Ethereum has launched their Ethereum 2.0 proof of stake blockchain? Ethereum 1.0 is proof of work which was originally GPU mining and now ASIC AND GPU mining. Let's review Ethereum staking profitability on the ETH 2.0 chain with 1,000,000 Ethereum staked in validator nodes as well as the most profitable mining rigs and graphics cards for mining Ethereum in 2021!

Links!
Ethereum 2.0 launchpad tracks ETH 2.0 staked - http://voskco.in/eth22
First Ethereum 2.0 staker validator node SLASHED - http://voskco.in/eth28
Ethereum 2.0 blockchain explorer beaconchain - http://voskco.in/eth29
VISA partners with Circle USDC credit cards soon - http://voskco.in/eth27
Ethereum 2.0 staking and ETH 2.0 trading on Coinbase - http://voskco.in/eth26
Review the most profitable mining rigs for Ethereum - http://voskco.in/wtmg
How to set up an ETH 2.0 validator node on Ethereum testnet - https://voskcointalk.com/t/setting-up-an-eth2-validator-on-testnet/817?u=voskcoin

Timestamps!
00:00 1,000,000 MILLION Ethereum to be staked on ETH 2.0
01:18 Ethereum 2.0 launchpad 1m Ethereum to be staked on ETH 2.0
02:43 ETH 2.0 stakers LOSING MONEY/ETH - validator nodes slashed
03:37 What is an Ethereum 2.0 Validator node and how to set one up
04:10 Ethereum 2.0 blockchain explorer on PoS Proof-of-Stake network
05:25 Ethereum 2.0 plans to replace Proof of Work PoW ETH mining
07:03 Ethereum is the most profitable coin for GPU Mining and ASIC Mining
08:18 Ecos $5,000 giveaway and colocation mining farm miner hosting
08:53 Ethereum 2.0 staking and ETH 2.0 trading is coming to Coinbase
10:00 VISA partners with Circle and USDC erc-20 token stablecoin
11:11 Subscribe to the VoskCoin YouTube channel!

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Ethereum ASIC mining rig

[1714928386]

1714928386

[MoreStamps.Global]

This is the reason I am sceptical about. I mean it is 1m today. A few fund management firms pop up and push it to may be 2-3m. Now we have a timeframe of at least 2-2.5 years and we can have even ~5m stacked, who knows? Now it reduces to ~7% APR and it doesn't look lucrative to me as I am already getting 7% for FD in banks. Besides, we can't quit once we feel we are getting low APR.

[mnporter2001]

Over a million Ethereum ETH Ether coins will be staked on Ethereum 2.0 but is it profitable to stake on ETH 2.0? Validator nodes can be SLASHED where stakers actually LOSE ETH and thus money!

They will not lose money bro, transactions on the ERC - 20 platform are growing due to the increasing demand for trading the tokens of the Defi project, so investing will only get big profits haha .
Defi will not only be a temporary trend, it is really helping the economy better every day when banks are really slow and useless. The year 2021 will still be a great year for Defi projects and there is a high chance that large businesses will have to flock to the Crypto market to find ways to quickly borrow money to salvage their services.

[BigBoy89]

IMO only time will tell, but most probably will be profitable.

Staking those Ethers will decrease the supply and most probably will lead to a mini bull run. I plan to follow the situation closely and may be to stake some too.

[CuriousGeorge]

This is the reason I am sceptical about. I mean it is 1m today. A few fund management firms pop up and push it to may be 2-3m. Now we have a timeframe of at least 2-2.5 years and we can have even ~5m stacked, who knows? Now it reduces to ~7% APR and it doesn't look lucrative to me as I am already getting 7% for FD in banks. Besides, we can't quit once we feel we are getting low APR.

You can't quit from there after the deposit contract will be unlocked. Did you know that if the staking ethereum will be locked until ethereum update 1.5 that will be coming next year?
You can't quit from there easily and it's not the same like another POS coin which make the user able to quit from there anytime.
APR is quite small at this moment.

[fia_naila]

More staking Ethereum will decrease the APR but there is the positive side  which will grows ethereum deman, many people willing to staked it means any demand on ethereum but the supply is not enough. We will see eyhereum price growth exponencial if this thing going right direction.

[danglongbtc]

More staking Ethereum will decrease the APR but there is the positive side  which will grows ethereum deman, many people willing to staked it means any demand on ethereum but the supply is not enough. We will see eyhereum price growth exponencial if this thing going right direction.

Supply won't be sufficient from looking at current deposit rate. Stakers are gonna suffer as more and more validators are getting on board which is decreasing overall APR. If financial institutions come into the picture, total staked amount will be exploded so does the price.

[MoreStamps.Global]

This is the reason I am sceptical about. I mean it is 1m today. A few fund management firms pop up and push it to may be 2-3m. Now we have a timeframe of at least 2-2.5 years and we can have even ~5m stacked, who knows? Now it reduces to ~7% APR and it doesn't look lucrative to me as I am already getting 7% for FD in banks. Besides, we can't quit once we feel we are getting low APR.

You can't quit from there after the deposit contract will be unlocked. Did you know that if the staking ethereum will be locked until ethereum update 1.5 that will be coming next year?
You can't quit from there easily and it's not the same like another POS coin which make the user able to quit from there anytime.
APR is quite small at this moment.

I made the same point on why am I sceptical about stacking my 32 ETH. Now what is the point you are trying to make here?

[takngantuk]

for now it's not very profitable. The low APR plus the very long time makes all of that unprofitable. and 32 ETH is a lot of money, Ethereum 2.0 is not like the usual PoS consensus system which can come out at any time. Once the deposit contract has been made you won't be able to get out. if there is a slight mistake you will lose. I think for the early years only whales will be validators because they have sufficient funds to do all of that.

[bitterguy28]

So early to talk about the profitability of ETH 2.0 staking because up to now that the first Block had been released weeks ago  but the impact is still slowly reacting.

But this Upgrade in ETH platform will Give another opportunity to those company that using it,Though the popularity of Ethereum fades down comparing to their Peak days back in ERC20 time.

More staking Ethereum will decrease the APR but there is the positive side  which will grows ethereum deman, many people willing to staked it means any demand on ethereum but the supply is not enough. We will see eyhereum price growth exponencial if this thing going right direction.

That's is what i mean,since investors are still not confident and decided if they will Enter or not,will support or not.
depend on what the 2.0 version heading the platform.

[dishku]

So early to talk about the profitability of ETH 2.0 staking because up to now that the first Block had been released weeks ago  but the impact is still slowly reacting.

But this Upgrade in ETH platform will Give another opportunity to those company that using it,Though the popularity of Ethereum fades down comparing to their Peak days back in ERC20 time.

More staking Ethereum will decrease the APR but there is the positive side  which will grows ethereum deman, many people willing to staked it means any demand on ethereum but the supply is not enough. We will see eyhereum price growth exponencial if this thing going right direction.

That's is what i mean,since investors are still not confident and decided if they will Enter or not,will support or not.
depend on what the 2.0 version heading the platform.

Indeed that's too early to predict the future of ETH 2.0 but that is true this getting more popularity as time is passing. It seems more people will join in coming and large quantity of coins will be stake there. Right now big whales are monitoring the situation what is going on there but with support of large exchange it will gain more attention in coming days.

[fia_naila]

It is still profitable as long as the APR above 7% IMO. And dont forget that we still have a chance to get profit from price growth againts USD. I still believe ETH is still undervalue right now. Staking with 32 ETH costed you $21k and in the future now everybody can do it because ethereum price.

[CuriousGeorge]

for now it's not very profitable. The low APR plus the very long time makes all of that unprofitable. and 32 ETH is a lot of money, Ethereum 2.0 is not like the usual PoS consensus system which can come out at any time. Once the deposit contract has been made you won't be able to get out. if there is a slight mistake you will lose. I think for the early years only whales will be validators because they have sufficient funds to do all of that.

The locking period for ethereum that has been depositing to the contract is the main problem. Everyone already trapped in the network for a year later and they will be able to get back their ethereum.
More ethereum means the decreases will be happening with APR. The validators are also increasing everyday means less apr for the stakers.
it will give you a few bucks only.

[VoskCoin]

Over a million Ethereum ETH Ether coins will be staked on Ethereum 2.0 but is it profitable to stake on ETH 2.0? Validator nodes can be SLASHED where stakers actually LOSE ETH and thus money!

They will not lose money bro, transactions on the ERC - 20 platform are growing due to the increasing demand for trading the tokens of the Defi project, so investing will only get big profits haha .
Defi will not only be a temporary trend, it is really helping the economy better every day when banks are really slow and useless. The year 2021 will still be a great year for Defi projects and there is a high chance that large businesses will have to flock to the Crypto market to find ways to quickly borrow money to salvage their services.

if you get slashed you literally lose some of your ETH... lol

[fullhdpixel]

I understand that some people may not like eth 2.0 because they are mainly miners who will lose money because of this, but that doesn't change the fact that this was done for the whole benefit of ethereum users and not just for profiting. I get that many people assume that the only thing that matters in crypto world is profits, but that is not true, sometimes developers do something that will benefit the whole and not just a few.

It means miners care about their profits and all they think about when they see proof of stake is the question "will it be profitable" but maybe we do not care about that at all?

Maybe all I care about is going towards staking so that we do not pay tens of dollars everyday to miners as a fee?

Maybe make the fee structure a lot cheaper thanks to this? Those are valid reasons as well. Plus I am sure there will be many people who stake and make a decent return too.

[thecodebear]

Staking Eth seems like it will be extremely profitable! I plan on staking through Coinbase when they start allowing it early next year. Staking rewards right now are 13%, which is insanely phenomenal when compared to similar cash flow investments like stocks with usual 0-3% dividend yields. Even if staking hits 30 million ETH coins in a couple years or something, the cashflow would still be over 3% annual, which is equivalent to a decent stock dividend portfolio. Except instead of making that in cash or reinvesting for more stock which will probably grow like 10% or less a year, you're getting the reward in Eth which will grow much much faster. Staking seems like a win-win to me: good yield compared to traditional investments and you get the yield in an explosive asset so your yield value compounds greatly. I will be staking any Ethereum I have in the future and reaping the $$ rewards!

[posi]

Yes, the staking of the 1 million ETH coin will be profitable since the Casper introduced by the ETH team as part of the ETH2.0 protocol is to upgrade the network to POS which will make the ETH network not need the miner's computation power to maintain the network again but the stakes.
With that been said, i don't understand why the staking calculator was in favor of a stake that staked smaller ETH.

[crzy]

Its about taking risk and I’m sure they have the money for staking then so be it. We cannot know if its profitable not unless we invest money so let them do it and if I also have the money, i’ll do the same thing because ETH is a real great deal in this market. There’s a lot of good tokens under the platform of ETH, the probability to lose money is very low though, but of course always expect the worst.

[tabas]

I'm understanding the logic that the more people gets into staking, difficulty will increase the same as PoS and rewards will get lower. That's just me and that's how I understand the rewarding system of ETHs staked 2.0 feature.
Before, the reward that's projected for a year of staking seems to be profitable. But for the upcoming years, the more that will join, it will get lower.

[Willitivity]

I'm understanding the logic that the more people gets into staking, difficulty will increase the same as PoS and rewards will get lower. That's just me and that's how I understand the rewarding system of ETHs staked 2.0 feature.
Before, the reward that's projected for a year of staking seems to be profitable. But for the upcoming years, the more that will join, it will get lower.

This is normal for staking. At least it's something I learnt from providing liquidity at defi projects. When too many people participates, the rewards gets lower. I get how big ETH 2.0 milestone is but I do not think it is profitable to stake uninterrupted for 2 years. The rewards does not justify the effort big time. Everyone is just joining because of how exciting it is for eth to finally moved from POW to POS consensus algo.  I won't participate in the staking exercise as I'm not impressed with the rewards, it's too small.

[thecodebear]

I'm understanding the logic that the more people gets into staking, difficulty will increase the same as PoS and rewards will get lower. That's just me and that's how I understand the rewarding system of ETHs staked 2.0 feature.
Before, the reward that's projected for a year of staking seems to be profitable. But for the upcoming years, the more that will join, it will get lower.

Yeah that's how it works. The more that participate the lower the reward goes. Bu the reward stays high enough to make it worth it. Right now the reward is VERY high because there's only a million-plus coins being staked. Once tens of millions of coins are staked the reward will be much lower, but you're still getting Ethereum for free just by staking so its well worth it.

[leea-1334]

I always feel like it is really funny to call ETH coins but anyway, it seems most people interchange tokens/coins and whatever thanks to Bitcoin and ETH itself!

I was tempted as well to follow some staking pools but my measly ETH is not going to bring much profits anyway and I am still unsure of security of 2.0 to even try following these pools.

[tabas]

I'm understanding the logic that the more people gets into staking, difficulty will increase the same as PoW and rewards will get lower. That's just me and that's how I understand the rewarding system of ETHs staked 2.0 feature.
Before, the reward that's projected for a year of staking seems to be profitable. But for the upcoming years, the more that will join, it will get lower.

This is normal for staking. At least it's something I learnt from providing liquidity at defi projects. When too many people participates, the rewards gets lower. I get how big ETH 2.0 milestone is but I do not think it is profitable to stake uninterrupted for 2 years. The rewards does not justify the effort big time. Everyone is just joining because of how exciting it is for eth to finally moved from POW to POS consensus algo.  I won't participate in the staking exercise as I'm not impressed with the rewards, it's too small.

Yes, that's why I've compared it with the difficulty for POW. When there are too many miners, the difficulty increases and rewards are being distributed to many miners and for POS, when there are many people that stakes, rewards will go lower. The 2 years was for the Binance's rule in staking.
I don't think that's a worth it stake if you want to make your ETH profitable. I'll just put it to my wallet and wait for the price to go up instead of seeing it locked for two years.

I'm understanding the logic that the more people gets into staking, difficulty will increase the same as PoS and rewards will get lower. That's just me and that's how I understand the rewarding system of ETHs staked 2.0 feature.
Before, the reward that's projected for a year of staking seems to be profitable. But for the upcoming years, the more that will join, it will get lower.

Yeah that's how it works. The more that participate the lower the reward goes. Bu the reward stays high enough to make it worth it. Right now the reward is VERY high because there's only a million-plus coins being staked. Once tens of millions of coins are staked the reward will be much lower, but you're still getting Ethereum for free just by staking so its well worth it.

Exactly. But for some people that have no choice and would take risk putting it to exchange like Binance that has a 2-year locked in period rule, that's not a fun thing to do. IMHO.