Largest Ether mining pool Ethermine opens new ETH staking service
The new service offers Ethermine members a chance to collectively stake their ETH and earn 4.43% interest annually on top of their ETH deposits. As little as 0.1 ETH ($159) required to enter. Ahead of the rapidly approaching Ethereum (ETH) Merge on Sept. 15, Ethermine, the world’s largest Ethereum mining pool has unveiled a new staking pool for users. Notably however, it is not available to U.S. miners The new service offers Ethermine members a chance to collectively stake their ETH and earn interest on top of their deposits. As little as 0.1 ETH ($159) required to enter. However the....
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The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches zero.
Largest Ether Mining Pool to End PoW Ethereum Mining — Ethermine Ethereum Mining Pool Will Switch to Withdraw-Only Mode After the Merge
According to a recent announcement from the world’s largest ethereum mining pool, Ethermine, the platform plans to halt ETH mining....
Launched in China in 2018, SparkPool controls over 22% of Ether’s hashrate as of today, second only to Ethermine. Sparkpool, the second-largest Ethereum mining pool in the world, is suspending operations due to the ongoing Chinese crackdown on crypto.The mining pool officially announced Sept. 27 it has suspended access to new users in mainland China in response to Chinese authorities initiating new measures to combat crypto adoption in the country.Following initial restrictions made last Friday, Sparkpool will continue shutting down services, and plans to suspend existing mining pool users....
Together, ETHW mining pools already make up more mining capacity in terms of block share than Ethermine, which opted to shut down mining operations. Despite Ethereum’s historic transition to a proof-of-stake (PoS) consensus mechanism, mining pools are increasingly signing up for mining on the upcoming proof-of-work (PoW) version of Ethereum.EthereumPoW, the community advocating for ETHPoW, or the PoW Ethereum version, has released a list of mining pools that are going to continue mining after the ETHW mainnet launch.According to EthereumPoW, some major Ethereum mining pools are going to....
Ethereum developer Danny Ryan’s new proposal would unlock 80% of withdrawal use cases and allow decentralized staking service Rocket Pool to launch within months. Withdrawal contracts for Ether staked on Ethereum 2.0 could become available as early as Q1 2021 allowing decentralized Eth2 staking service Rocket Pool to launch.While Phase 0 of Eth2’s roll-out was launched with its Beacon Chain on Dec. 1, the 900,000 Ether deposited by stakers will not be available for withdrawal until Phase 1.5 — which is expected to arrive around early 2022.Last week, Ethereum developer Danny Ryan introduced....
“We will make a snapshot of the remaining BTC and ETH balances on pool on September 6th to work out the balances," said Poolin. Poolin, one of the largest Bitcoin mining pools by hash rate, has announced it has temporarily suspended Bitcoin and Ether withdrawals from its wallet service due to “liquidity problems.”In a Monday announcement, Poolin said its wallet service was “facing some liquidity problems due to recent increasing demands on withdrawals” and planned to temporarily stop payouts of Bitcoin (BTC) and Ether (ETH). In its Telegram channel, Poolin support told users it was “hard....