Ethereum's Largest Mining Pool, Ethermine, Rolls Out ETH Staking Service ahead of the highly anticipated Ethereum merge! With the Ethereum network transitioning to Proof-of-Stake (PoS), Ethermine, the world's largest Ethereum mining pool, is preparing its users for the future of ETH. Earlier today, Ethermine announced the launch of its brand new service, Ethermine Staking. With this, the platform will allow users to add funds to an enormous pool of Ether, effectively providing a seamless transition from mining to staking.

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 0.1 ETH. Ethermine has launched a staking service ahead of Ethereum’s merge that offers an annual interest of 4.41%. This offers a competitive APY for Ether holders looking to passively earn rewards.

After the merge, ETH mining will be phased out as the network changes from a proof of work (PoW) mining model to proof-of-stake (PoS) staking model. This transition makes staking a crucial component of the Ethereum ecosystem, and Ethermine is providing its users with a convenient and accessible way to participate. At time of publication, details on lock-up periods and withdrawal options are available on the Ethermine website. Explore Ethermine Staking today and prepare for the future of Ethereum!