Ethereum: How to Earn Passive Income By Staking Your ETH
Ethereum moved from proof-of-work (PoW) to proof-of-stake (PoS) consensus last month and the transition is dubbed the Merge. The PoW algorithm previously rewarded miners for validating blocks of transactions and the PoS algorithm eliminates the need for miners. The miners consumed high electricity to validate blocks and the PoS systems considerably reduces energy consumption by nearly 99%. This makes ETH more scalable and energy-efficient giving opportunities for investors to earn passive income with Ethereum. In this article, we will guide you on how to earn passive income by staking your Ethereum coins. Also Read: Will Ethereum Reach $1800 This Week? ETH: How to Earn Passive Income With Ethereum Staking Source: Pixabay The cryptocurrency markets allow investors to earn passive income by staking their cryptos for a set period. This allows investors to reap financial rewards steadily while making their tokens get to work. Coming to earning passive income with Ethereum, t...