Ethereum mining after the Merge: 36 percent of all ETH is now locked in staking

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Ethereum has not been mineable since September 15, 2022, when validators replaced miners. This guide covers the income options for ETH holders in Germany, the electricity bill for Ethereum Classic mining and the tax rules for staking.Since the Merge in September 2022, graphics cards have stayed switched off for Ethereum.Add as a preferred source on GoogleFollow on Google NewsEthereum mining has not been possible since September 15, 2022. On that day, Ethereum switched its consensus from proof of work to proof of stake in what became known as the Merge. Since then, new blocks have been produced by validators that put up ETH as collateral, not by graphics cards. Anyone who wants a running income from ETH today therefore ends up with staking. Anyone who wants to keep mining with hardware has to move to other networks, Ethereum Classic above all. The difference is more than a technical footnote. On November 5, 2026, data from Validator Queue shows around 44.4 million ETH in staking,...