World’s largest Ethereum mining pool launches Ether staking service
Join Our Telegram channel to stay up to date on breaking news coverage The Ethereum Merge is slated to happen on September 15, and it will see the Ethereum network transition from a proof-of-work to a proof-of-stake network. As the Ethereum community anticipates this Merge, the world’s leading Ethereum mining pool, Ethermine, has launched a new staking pool for users. World’s largest Ethereum mining pool unveils ETH staking service The new Ether staking service will allow Ethermine members to collectively stake their Ether tokens to earn interest on their deposits. Users can stake a minimum of 0.01 ETH, equivalent to around $159. However, the smaller the holding of ETH staked, the higher the fee charged. Stakers will also be eligible for an annual ETH interest rate of 4.43%. The Ethermine pool has so far received 393 Ether, valued at around $626,000 at the current prices. These staking pools hold significance because they provide competitive interest rates and hav...