Solo staking validator or pool staking w/ 32 ETH?

FanEagle

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Quote from: bitquad on March 12, 2021, 11:40:49 PM

1. If you have 32 ETH would you run your own validator or stake it on a pool with others?
2. What are the penalties if the validator is offline for 2-5 days?
3. What's the rate of return difference between solo staking and pool staking?

I don't like that the validator needs to have power and be online 24/7. My power and internet is on 99.9% of the time but sometimes things happen that's out of your control. So this is one of the reasons I have not staked any ETH yet.

I think everyone gave you the answers already, there is no need to add more to it, but I can say that most of the questions are personal preference type of deal. I mean the deal that if you would prefer solo or pool is a personal thing, with pool you make smaller amounts but constantly, but with the solo one you do not make anything for the longest time and then get a huge one eventually.

I still think that you should not go alone but if you want to, you could do that. However one thing is not up for discussion, if your electricity goes, if your internet goes, that's going to risk how much money you make from the staking. That is why I think even if you go solo, open up a VPS account, it is only 5 bucks per month or even a good one is 50 bucks a month, and you could be online there 7/24 forever without any issues at all, it would really help you a lot.

bitquad

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Thanks for the replies.

Here's my thoughts:

The returns are not good enough right now in my opinion. A better strategy might be to sell ETH near ATH and buy back more in a dip. You can earn a lot more than 1 ETH doing this.

The crypto market is still too volatile. You can increase your holdings more by trading than staking. Of course you could also reduce your holdings if you trade wrong. And your tax rate will be higher when you do regular trading vs holding long term. I can actually have two validators so I might stake some ETH and trade the rest. I think I might opt for staking with Coinbase or some other entity instead of solo staking and taking all the risks. Some people have been slashed just because they did not update the validator correctly. No thanks!

livingfree

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I will run it on my own.

But there might be a situation that I have to sell those ETHs and it will be lessen from the minimum 32 ETH that's needed. And if that happens, I'd have no choice but to join the pool.

Since it's lesser than the 32 ETH and I still want to become a validator and earn from staking it, the choice is to join the pool if my 32 ETH is reduced due to my decision.

dhemasm

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Quote from: bitquad on March 12, 2021, 11:40:49 PM

1. If you have 32 ETH would you run your own validator or stake it on a pool with others?

Depends, if i have Good connection, Low Electricity, 32 ETH and Spare time i will run my own validator but if not i will stake it on the other pools, Small Fee but less maintenance is better i suppose

Quote from: bitquad on March 12, 2021, 11:40:49 PM

2. What are the penalties if the validator is offline for 2-5 days?

Not really sure but i read somewhere our eth will be bleed,miss or gone slowly (?)

Quote from: bitquad on March 12, 2021, 11:40:49 PM

3. What's the rate of return difference between solo staking and pool staking?

Solo = You controlling your and get full payment without any fee (Only maintenance)
Pool = Pool Fee

Not really sure since i'm not fully understand Ethereum 2.0 Concept for now but the simple logic is, Solo = Much better?

tsaroz

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With trusted online business like binance and many other pools providing 100% (sometimes a small service charge) staked rewards with the users and taking in all the complexity of hosting the validator, I don't think making your own just for staking profit would be a good idea. Though you might miss out the voting and other rights that may come along with hosting your own validating node.

Javi_Anibarro

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1. It is always recommended to join the pool if you do not know how to maintain your validator properly or for low-level staker.
2. For a detailed answer, please refer to this blog: https://ethos.dev/beacon-chain/ (you should see the expected number when you get slashed)
3. Roughly the same

If you do not like setting up your node, try to find a 3rd party(not recommended) to stake your ETH.

bitkanu

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Quote from: bitquad on March 12, 2021, 11:40:49 PM

1. If you have 32 ETH would you run your own validator or stake it on a pool with others?
2. What are the penalties if the validator is offline for 2-5 days?
3. What's the rate of return difference between solo staking and pool staking?

I don't like that the validator needs to have power and be online 24/7. My power and internet is on 99.9% of the time but sometimes things happen that's out of your control. So this is one of the reasons I have not staked any ETH yet.

Please let me know.

Thanks!

1. I personally will try to join the pool and why? when you are running your own validator and your ethereum will be locked and it can be unlocked after ethereum 1.5

2. Your validator may get slashed and you will get penalties like this https://beaconcha.in/validators/slashings

A small amount of ethereum will be deducted from your account as penalty

3. It should be the same but when you are joining in the pool and that will be based on how much your % in the pool

cryptoaddictchie

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I'm gonna think twice if the only fund I can spare is those 32eth. But if this is an extra coin for me, we'll Im probably do staking and run validate nodes for a lot of advantages. But the only verdict here is the future of eth is it either worth it or we could make more profit on trading 32eth on market instead?

BlinkInDie

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Quote from: bitquad on March 12, 2021, 11:40:49 PM

I don't like that the validator needs to have power and be online 24/7. My power and internet is on 99.9% of the time but sometimes things happen that's out of your control. So this is one of the reasons I have not staked any ETH yet.

Just think of it as if you're mining. If you have 32 ETH, I would choose to stake it and run ETH 2.0 validator nodes. With how things are going with the miner's protest against EIP-1559, PoS might happen a lot sooner than we expect and you should take advantage. It's similar with the first U.S. public traded company that decided to stake $5m and run validator nodes, it's not just ETH whales who are getting into it, but even real legit companies.

poodle63

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I'd prefer to stake it myself without joining a pool since that means I'm gonna receive all the rewards and no unnecessary fee, you can try to find some vps and set up your node if you don't really want to think about keeping the power and internet 24/7 i'm myself prefer aws.
but if you don't really want to make things complicated maybe pool staking is the way to go.

bitquad

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1. If you have 32 ETH would you run your own validator or stake it on a pool with others?
2. What are the penalties if the validator is offline for 2-5 days?
3. What's the rate of return difference between solo staking and pool staking?

I don't like that the validator needs to have power and be online 24/7. My power and internet is on 99.9% of the time but sometimes things happen that's out of your control. So this is one of the reasons I have not staked any ETH yet.

Please let me know.

Thanks!

Topic: Solo staking validator or pool staking w/ 32 ETH? (Read 111 times)