Information and Disclaimer
Ethermine Staking is an investment that is based on the Ethereum staking rewards via the ETH.STORE reference rate - learn more here. This makes it possible to earn interest on your ETH investment as if you were staking without having to own 32 ETH for solo staking. The minimum investment amount is 0.1 ETH.
ETH.STORE (Ether Staking Offered Rate) is a transparent Ethereum staking reward reference rate. It represents the average financial return validators on the Ethereum network have achieved in a 24-hour period as published on https://staking.ethermine.org/statistics.
More information about ETH.STORE can be found in the prospectus.
The ETH.STORE code is open source and publicly verifiable here.
No. "Ethereum 1.0" and "Ethereum 2.0" are the same network and thus use the same coin "ETH".
Think of it more as an upgrade to the existing Ethereum network rather than a replacement. The changes are focused on the underlying architecture of Ethereum and have little to no consequences for the user facing applications.
No. There are no hardware requirements.
Investing is as simple as signing up to Ethermine Staking and transferring ETH to your account.
There are no hardware requirements and no special technical knowledge is required. You can start earning interest with as little of an investment as 0.1 ETH.
Click here for historical ETH.STORE values. Please note, however, that past results do not guarantee future performance.
The minimum investment amount is 0.1 ETH.
Withdrawals are not possible until the Ethereum protocol allows the withdrawal of all staking rewards. At the very latest, you will be able to withdraw your Invested Ether after 5 years.
There is no definitive timeline for the merge, but the core developers are working hard to make the merge and withdrawals possible. We expect withdrawals to be enabled shortly after the merge (6-12 months).
We will provide more information on the withdrawal process along the way.
Ethermine Staking offers a simple, non-compound, interest rate.
Your investment will start to accrue interest after the following periods:
12 hours (confirmation period) + 24 hours (waiting period) + < 24 hours until the next reward day
The initial 12-hour confirmation period begins when the transfer of the investment amount has been confirmed by 65 blocks. The confirmation period can be waived by clicking "confirm" in the offer received E-Mail we sent you or via the dashboard.
After the confirmation period ends (via waiver or after 12 hours), the 24-hour waiting period will begin.
After the waiting period ends, the investment will start to accrue interest on the next reward day. For the purpose of accounting, a reward day starts at 12:00:23 (noon) UTC. Depending on when the waiting period ends, the next reward day could be up to 24 hours away.
1) Investment confirmed via e-mail
The 12-hour confirmation period is waived. Time of confirmation (Feb-08-2022 11:49:47 AM UTC) + 24 hours (waiting period) + hours until next reward day (11 minutes, 36 seconds).
Total time: 24 hours, 11 minutes and 36 seconds.
2) Investment not confirmed via e-mail
12-hours (confirmation period) + 24 hours (waiting period) + hours until next reward day
Total time: 36 hours, 11 minutes and 36 second.
Payments sent to the wrong network will not be invested and will be subject to a 10 % recovery fee. Any EVM or L2 network like Polygon, Binance Smart Chain, Arbitrum, Optimism is considered a wrong network. Please only use the Ethereum network.
User sends 1 ETH on binance-chain (wrong network). The recovery fee is 0.1 ETH (10%) and 0.9 ETH will be refunded.
We have a dedicated channel (#ethermine-staking) on our Discord server.
Income & Fees
Ethermine Staking will charge 0% fees until the merge.
Our fees are deducted from ETH.STORE and depend on the amount a user has invested according to the following table:
|Invested Ether (including ETH from your referrals)||Fee|
|>= 960 ETH||8%|
|96 ETH - 959.9 ETH||10%|
|32 ETH - 95.9 ETH||13%|
|0.1 ETH - 31.9 ETH||15%|
For example, if ETH.STORE is 6%:
An investor in the 10% fee tier would have an APR of 5.4%.
An investor in the 15% fee tier would have an APR of 5.1%.
You can save on your investment fees by using our referral program. Any ETH invested by your referrals will reduce your fee the same way as if it was invested by yourself. Referrals may therefore only help you to reduce your own fee rate. Note, you only save on investment fees if you have invested in Ethermine Staking yourself. You can find their referral code on their profile page
ETH.STORE includes staking rewards and transaction fees. Certain MEV rewards are counted as transaction fees and therefore are included in the calculation of ETH.STORE.
You can save on investment fees by referring new users to Ethermine Staking. Share your referral code from your profile page. Funds invested by users that sign up using your referral code will—for the purpose of calculating your fee rate—count as if those funds were invested by yourself. Referrals may therefore help you to reduce your own fee rate. Note, you only save on investment fees if you have invested in Ethermine Staking yourself. You do not receive interest on funds invested by other users. The amount of invested ETH by your referred users will reduce your fee in the same way as if it was invested by yourself.
End of Mining
The merge happened on 15. September 2022.
No. Mining came to an end on 15. September 2022.