I'm working on destroying proof-of-work blockchains. I have a plan for BTC, but I'm not sure how to approach ETH. Advice would be appreciated.
When proof-of-stake takes over, there won't be any miners. The block proposal process is done by stakers instead. Some of the incentive issues with miners still exist with stakers, but raw competitive power consumption isn't one of them.
It's true that proof-of-stake has been talked about for years, but it has picked up momentum since late last year, as the staking network was actually launched.
The proof-of-stake network has been staking real ETH since end of last year, but does not yet handle mainnet ETH contract transactions. It's called Eth2, but that's caused some confusion, because it's not really a second version to run alongside the first, it is the R&D branch into proof-of-stake and other technical improvements, with mainnet ETH expected to adopt it in due course.
So, the Eth1 components have been renamed "execution layer", Eth2 components renamed "consensus layer", and through a series of testnets and API developments which have been quite active this year, a big change called "The Merge" is being worked on by multiple funded groups (for client diversity) of core Eth developers at the moment.
The Eth2 staking network that already exists has demonstrated the viability, and the investment of real ETH in serious quantities has built up some cryptoeconomic stability prior to its deployment as the ETH consensus layer. The time lag is intentional - you don't want to suddenly switch all ETH over to a network with too few invested stakers.