Ethermine Launches Ethereum Staking Service

Ethermine, the world's largest Ethereum mining pool, announced on Twitter that it has launched an Ethereum staking service.
 Ethermine Launches Ethereum Staking Service
READING NOW Ethermine Launches Ethereum Staking Service

Ethermine, the world’s largest Ethereum mining pool, announced 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

Ethermine, the world’s largest Ethereum mining pool, announced on Twitter that it has launched a staking service. Before Ethereum Merge, which Ethereum investors are eagerly waiting for, Ethermine will allow users to obtain Ethereum outside of mining with this service. 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.

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.

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