Ethereum just activated its ‘London’ hard fork

Re:Ethereum just activated its ‘London’ hard fork by exo762 on Thursday August 05, 2021 @10:54AM (#28074568)

Capital is capital, be it in the form of money or hardware. Putting the onus on capital in a form of hardware is just making it harder for smaller guys. I can throw 32 ETH into staking. It's way beyond my capability to mine - wrong geography, electricity prices, accommodation situation etc.

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Re:Ethereum just activated its ‘London’ hard fork by jlokier on Thursday August 05, 2021 @12:15PM (#28075804)

Just a reminder that smaller guys don't have 32 ETH to spare. That's $88,603 USD. Not much for the levels.fyi crowd, but a fortune to most people.

Which means, whether you can stake is very dependent on your personal situation - especially geography - much like whether you can profitably mine.

Of course staking is still better than mining for many reasons. But it's a somewhat rich person's game.

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Re:Ethereum just activated its ‘London’ hard fork by alimbada on Thursday August 05, 2021 @01:04PM (#28076486)

Staking will still be accessible to those with less than 32 ETH via pooled staking, e.g. Rocket Pool: https://www.rocketpool.net/

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Re:Ethereum just activated its ‘London’ hard fork by casi on Thursday August 05, 2021 @01:04PM (#28076487)

You can join a staking pool with as little as you have. Just like joining a mining pool with your laptop.

And you can get eth with gasless minting of nfts. Draw a picture and sell it. Don’t have to spend any money.

I much prefer this to burning up electricity which basically hands the network to energy suppliers and asic manufacturers.

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