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Crypto Mining Pool Ethermine Launches an Ethereum Staking Service

ByLouis Adams

Sep 1, 2022 #Ether, #mining
Reading time: < 1 minute

Ethermine, the largest mining pool in the Ethereum network, has just launched an ETH staking service.

According to the company, the minimum investment amount is 0.1 ETH. The reward is awarded in cryptocurrency at the ETH.STORE reference rate based on Ethereum Proof-of-Stake.

Austria-based pool operator Bitfly has implemented the solution in partnership with law firm Stadler Völkel and auditor Moore Interaudit Salzburg.

According to the announcement:

“This investment will allow us to offer a transparent alternative to existing staking services after the end of the Ethereum PoW mining phase.”