With Ethereum 2.0 edging closer, and with it an eventual Proof of Stake (PoS) consensus algorithm. Now, many people want to know how much they will earn staking ETH.
Ethereum 2.0 is a major network upgrade on that will shift its current Proof-of-Work (PoW) consensus algorithm to PoS. As it does it will transfer the block validation function from miners to special network validators (stakers).
Stakers will have to lockdown an amount of ETH in a special wallet. They will receive the block reward for their contribution, and the more a person stakes, the more a person will earn.
How Much ETH Will You Need to Stake?
It’s believed that anyone wanting to become a staker will need to have 32 ETH locked up in the network. At time of press this is worth about $6758, which might be a little high for the average investor.
That said, there will be staking pools, as we have mining pools today. So anyone wanting to earn staking Eth will easily be able to join a staking pool and earn their share of the pool’s reward. Read More at EthereumNexus