Ethereum vs Ethereum 2.0 vs mining

[kamwo]

Dear Ladies and Gentlemen !
I am just entering the world of cryptic currencies, I read a lot in foreign portals, I think about ETH investments, but I admit that many issues are not understood and confusing for me. Maybe somebody will undertake to explain them to me in a "peasant mind" way.
Are Ethereum and Ethereum 2.0 two different coins or will the latter simply replace the former ? Does it mean that the ETH will lose its value in a moment because it will be obsolete ? After all, the stock exchanges are more expensive.

I read that when ETH 2.0 enters, mining will no longer be possible. On the other hand, I read that ETH 2.0 entered on December 1, 2020 and yet ETH mining is still taking place and ETH excavators are being sold. I don't understand why what is it about?
Is this so-called stacking the same as mining only with some minor technical differences so it still works ? Can stacking be done differently ? Is it more/less cost-effective ?

Thanks in advance for the explanation.

[bttmember]

Dear Ladies and Gentlemen !
I am just entering the world of cryptic currencies, I read a lot in foreign portals, I think about ETH investments, but I admit that many issues are not understood and confusing for me. Maybe somebody will undertake to explain them to me in a "peasant mind" way.
Are Ethereum and Ethereum 2.0 two different coins or will the latter simply replace the former ? Does it mean that the ETH will lose its value in a moment because it will be obsolete ? After all, the stock exchanges are more expensive.

I read that when ETH 2.0 enters, mining will no longer be possible. On the other hand, I read that ETH 2.0 entered on December 1, 2020 and yet ETH mining is still taking place and ETH excavators are being sold. I don't understand why what is it about?
Is this so-called stacking the same as mining only with some minor technical differences so it still works ? Can stacking be done differently ? Is it more/less cost-effective ?

Thanks in advance for the explanation.

As ETH 2.0 is under development and it is expected to take around 2 years to launch fully so till then a hybrid model will continue where eth can be mined using hardware like btc and also we can stake it to make validator rewards. I expect eth demand to soar because of attractive staking rewards which will result in price to moon.

[Maxstl007]

The 2.0 upgrade is out already but it's a gradual process to complete the update, might take a while year or even two to completely switch to POS only but the staking is up and running, right now you can still build mining rigs for Ethereum mining only and make ROI before the update completed

[kamwo]

Thank for the information so by " I expect eth demand to soar because of attractive staking rewards which will result in price to moon." you mean that I there will be greater demand for normal ETH mining to "stack" it? What does this stack mean exactly ?

[zasad@]

Thank for the information so by " I expect eth demand to soar because of attractive staking rewards which will result in price to moon." you mean that I there will be greater demand for normal ETH mining to "stack" it? What does this stack mean exactly ?

Learn the main topic and read the last 100-200 posts
https://bitcointalk.org/index.php?topic=428589.25300
Ethereum is currently mined using 2 algorithms: POW and POS. If you decide to invest in POS mining, then you will not be able to withdraw coins until the start of phase 2.
I believe that investing in the purchase of Ethereum will bring more profit than POS mining.
If you decide to invest, DYOR.

[kamwo]

Thank you for the links an info . As far as I can see, this whole staking thing has quite a small percentage of return. I guess it pays more to just buy the currency and keep it ? Are there any forecasts for this year ? To my opinion it looks now like bad idea to by now as proces look high ? am i right ?

[blockman]

Thank you for the links an info . As far as I can see, this whole staking thing has quite a small percentage of return. I guess it pays more to just buy the currency and keep it ? Are there any forecasts for this year ? To my opinion it looks now like bad idea to by now as proces look high ? am i right ?

The forecasts for this year is that it will reach $1000 again. Don't take this as financial advice, it's what I've read from many speculators. The return for staking becomes lower and lower due to the number of participants. The more stakers that they have, the lower rewards that it will distribute but the network will become secure due to the validators/stakers. If you think that it's a bad thing to buy it, watch it closely and you need to rethink the buying price for it.

[asriloni]

Thank you for the links an info . As far as I can see, this whole staking thing has quite a small percentage of return. I guess it pays more to just buy the currency and keep it ? Are there any forecasts for this year ? To my opinion it looks now like bad idea to by now as proces look high ? am i right ?

The simple rule about staking, when you are having more coins to be staked and you will earn more coins as your staking reward. This is the same thing when you are having more hashrate power and you can mine more ethereum for yourself dude.
The main reason for POS transition to determine the total supply of ethereum and provide the reward to the holders to make sure the fair distribution happened.
Ethereum core developer knows that POS is actually needed.

[ololajulo]

Thank for the information so by " I expect eth demand to soar because of attractive staking rewards which will result in price to moon." you mean that I there will be greater demand for normal ETH mining to "stack" it? What does this stack mean exactly ?

Most response we sometimes in crypto are not result of normal market, staking creates scarcity but the scarcity in bitcoin cant be compare with ethereum, however, If the available ethereum are reduced in market among such high utility and demand could still drive the price. Mining Ethereum is a profitable venture among all altcoin in the market with over 90% profit