I think I posted this stake.fish before about ETH staking. I really wanted to stake ETH.
And I got this email today about ETH staking income result.
First of all, their validators are doing really well.
Number 1 most profitable on the network 🤯
The Ethereum 2.0 Beacon Chain has been chugging along smoothly for just over two months now. The network is as healthy as ever—and so are our validators! Last week, we had the #1 most profitable validator on the network.
This sounds great and promising.
- Daily income 0.0742 ETH -> $120
- Weekly income 0.1288 ETH -> $210
- Monthly income 0.3848 ETH -> $628
It is not bad to have staking income ($120) everyday if you just looking at these numbers.
But the thing is that you have to stake 32 ETH to get this reward.
32 ETH is about $52000 right now.
APR is 21% and looks pretty good and everything but It feels like the reward is pretty low to me.
This is not me ☝️ It's the number 1 profitable validator on their network.
If I had $52000, I think could do a lot better than $120 a day...
This result kind of bursted my bubble about staking ETH.
Have you tried ETH staking some place else? Anybody had different/better experiences?