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Ethereum operates under a permissionless proof-of-stake model, it has not been mineable since the Merge in 2022.

There are obviously large staking pools (including decentralized pools), but there is also a substantial community of people who stake from home on a validating node of their own. A good example is the EthStaker community on Reddit [1].

The compute and bandwidth requirements are very permissible (quad-core CPU, 16-32 GB memory, 2-4 TB SSD, 20/20 Mb/s), and the theoretical size of minimum stake has gone down substantially over time due to Rocket Pool [2].

[1] https://reddit.com/r/ethstaker/

[2] https://rocketpool.net/node-staking/rocket-pool-vs-solo-stak...