Becoming an Ethereum Validator : Pros, Cons & Costs examined.

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  • Опубліковано 26 кві 2024
  • In this video, we take a look at the recent trend of Ethereum validators. We ask the question, is it worth it to become an Ethereum validator?
    We'll explore what goes into becoming a validator, how much money you can make, and what the risks and rewards are. By the end of this video, you'll have a better understanding of whether or not becoming an Ethereum validator is right for you!
    TIMESTAMPS:
    00:00 - 00:34 - Intro
    00:35 - 02:11 - How are blocks added to the chain?
    02:12 - 03:05 - Why be a Validator?
    03:06 - 03:40 - How much can you earn?
    03:41 - 04:20 - How much do you need to start?
    04:21 - 06:00 - What are the risks?
    06:01 - 07:06 - TIPS
    07:07 - 07:52 - Outro
    LINKS:
    Staking Launchpad : launchpad.ethereum.org/en/
    Subscribe to channel : lttlmg.ht/ytsubscribe
    MY STUFF:
    Join my DeFi course : zerotodefi.com
    Check out my blog: littlemight.com/
    Join our newsletter: littlemight.com/newsletter
    Say hi on Twitter: / cathrynlavery
    #EthereumMerge #CryptoCurrencies #EthereumValidator #ProofofStake #ProofofWork
  • Навчання та стиль

КОМЕНТАРІ • 65

  • @robertsmith9131
    @robertsmith9131 Рік тому +79

    Hit 120k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in January 2022…

  • @MarbewRecords
    @MarbewRecords Рік тому +1

    what about validation on AWS for private key security?

  • @coreybellfaust2154
    @coreybellfaust2154 Рік тому +1

    Thank you for this.. Fascinating!

  • @noelreynolds2356
    @noelreynolds2356 Рік тому

    In October 2022 how long do I have to lock up my 32ETH for ? Thanks

  • @richardmiller4560
    @richardmiller4560 3 місяці тому

    In the video's conclusion, you mentioned a link for those who either lack 32 ETH or prefer to avoid the validator setup process but still wish to stake. However, I couldn't locate the specified link. Could you kindly share it with me?

  • @Shaunmcdonogh-shaunsurfing
    @Shaunmcdonogh-shaunsurfing Рік тому +1

    Excellent video

  • @SchmidtyO7
    @SchmidtyO7 Рік тому +3

    Video suggestion - what's the most cost effective way to setup a validator for long term success?

  • @Cheduepallottole
    @Cheduepallottole Рік тому +1

    Nice content as usual.

  • @mattrobertson6864
    @mattrobertson6864 Рік тому +1

    Cool video thanks

  • @_efault
    @_efault Рік тому +4

    Downtime != slashing

  • @Lytsout193
    @Lytsout193 Рік тому +1

    Wow, thought you were American until I heard you say the word "Down & Now"
    Thanks for the info!

  • @abidingdude222
    @abidingdude222 8 місяців тому +1

    Great video Little Might! I'm torn.... Trying to research the financial difference from being a validator vs. just doing a stake with say Lido Finance.

  • @GodwinIbanga
    @GodwinIbanga 11 місяців тому

    This is great news

  • @Cmon3play
    @Cmon3play Рік тому

    it's expensive than mining equipment and i think its more troublesome and more hassle to become a validator unlike miner which is you didn't need a time management

  • @clarajeanrawiri1996
    @clarajeanrawiri1996 Місяць тому

    Mr F was Here🎉

  • @mithrilsilver575
    @mithrilsilver575 Рік тому +1

    Uuuuhhhhggggggg. Definitely can't swing 32 eth.
    Good video though. Thanks

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    @mbohofonnathan4807 Рік тому +1

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  • @Sleyrimes
    @Sleyrimes 11 місяців тому

    Reef chain features next-gen blockchain technology, utilizing Nominated Proof of Stake consensus, EVM extensions, on-chain upgradability, libp2p networking and state of the art cryptography

  • @jasperlagman1658
    @jasperlagman1658 Рік тому +3

    I think this is better than BTC Mining

  • @vasso8084
    @vasso8084 9 місяців тому

    Not clear on fees. There is an ETH validator offering 1% per day. Is this realistic

    • @kaldkun
      @kaldkun 8 місяців тому

      i think you know;P

  • @im_alexthompson
    @im_alexthompson 10 місяців тому

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  • @ThatTeddguy-zb2mj
    @ThatTeddguy-zb2mj 10 місяців тому

    $FRM will be the only coin with full blown clarity

  • @godwyneszn
    @godwyneszn 9 місяців тому

    Ferrum is Pioneering Interoperability a new era of interconnected blockchains. Powered by a multichain messaging engine known as Quantum Portal, Ferrum Network’s mainnet will bring value, data, and interoperability to every chain in the industry.

  • @FriendsOfTheRoad
    @FriendsOfTheRoad Рік тому +2

    So basically it's not cheap.

  • @boriscrisp518
    @boriscrisp518 10 місяців тому

    jazz hands

  • @evodevo69
    @evodevo69 Рік тому +2

    How can you prevent your internet from going down lol. Do people actually get 100% uptime for a full year lol. Even if you have a back up power bank, your ISP might not no?

    • @kivylius
      @kivylius Рік тому

      You need to host it in a data centre

    • @rdbjbush
      @rdbjbush 6 місяців тому

      not slashed for downtime i hear just miss epoch reward

  • @vittu69koipina
    @vittu69koipina Рік тому +1

    How high are these validators really.. 32eth has been ridicolous sum of money no matter when you bought it during the past 2 years. My rig costed 3k and is making 1.6 eth a year. Validators get like 2-3 eth a year with a 10x larger initial investment.

    • @joeshmoe2746
      @joeshmoe2746 Рік тому

      But your invested in the crypto as a validation as well your rig does not go up in value like 32 ether lol..

    • @joeshmoe2746
      @joeshmoe2746 Рік тому

      @GetOnWhaleList 32eth and yes I do

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    @joebrens8096 Рік тому

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  • @jaxxone4907
    @jaxxone4907 Рік тому +2

    Validator cheaper than mining? Bs

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    @lucaschindler7943 Рік тому

    Have you heard about $GHNY already? They will launch on ETH very soon!

  • @Stefan-fn9io
    @Stefan-fn9io Рік тому

    Basically it’s not a complex cryptographic problem, it’s kind of simple once understood.

  • @satyendrabhagat7127
    @satyendrabhagat7127 Рік тому

    Staking validator is cheaper than mining 😂😂🤣😭

  • @satyendrabhagat7127
    @satyendrabhagat7127 Рік тому +2

    Technically it's not cheaper than mining. It's hell expensive 😌

    • @rdbjbush
      @rdbjbush 6 місяців тому

      not if can get the eth.. a btc miner is 18 k and get 100 a month

  • @AGTtactical
    @AGTtactical Рік тому

    "Being a validator is more environmentally friendly than a miner"...Thats like saying it's better being a drug pusher than the manufacturer, lol.

  • @criticalmassgym1036
    @criticalmassgym1036 Рік тому +1

    too much responsibility to be a validator lol

  • @jamespeace5256
    @jamespeace5256 10 місяців тому

    $FRM kindly join

  • @kaldkun
    @kaldkun 8 місяців тому

    "Do input keys to other servers"🤣🤣🤣🤣🤣 ETH has the worst design ever

  • @guitarislife01
    @guitarislife01 Рік тому

    Almost everything in this video is wrong.

    • @rdbjbush
      @rdbjbush 6 місяців тому

      explain please

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    @mdsolaiman4717 Рік тому

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    @malikfarhanfhani7432 9 місяців тому

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    @Tufailkhan0786 10 місяців тому

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    @Sterzy08 Рік тому

    #grizzlyfi is also amazing. #ghny is really pumping @grizzlyfi. I hope you check it out