The world’s largest Ethereum mining pool ethermineannounced on Twitter that it has launched an Ethereum staking service.
Ethermine users will be able to collectively stake their Ethereum (ETH) and earn 4.43% annual interest in addition to their Ethereum deposits.
Ethermine Announces ETH Staking Service
The world’s largest Ethereum mining pool ethermine announced on Twitter that it has launched a staking service. Ethereum investors eagerly await Ethereum Merge With this service, Ethermine will allow users to obtain Ethereum outside of mining. In its announcement, the company announced that users can join the staking pool with very little fees. In this context, the company stated that users can also benefit from this service with 0.1 Ethereum (ETH) payment.
We are proud to announce Ethermine Staking! 🎉
Ethermine Staking is an investment based on ETH_STORE, an objective and transparent reference rate based on Ethereum Proof-of-Stake.
Invest as little as 0.1 ETH https://t.co/myG3pOob7P
— ethermine.eth (@ethermine_org) August 30, 2022
In addition, the staking service will not be available in the USA. Staking is a service that users use with prospective quests. Users will be able to earn an annual return of 4.43 percent from Ethermine’s staking pool. With the highly anticipated Ethereum Merge, Proof of Work miners moved their operations to Ethereum Classic (ETC). Fears that Merge will end mining Ethereum have pushed big companies like Ethermine to offer new services.