Coinmine Interest Terms & Conditions
Coinmine Interest is offered only for Bitcoin and Ethereum.
The Interest Rate for Coinmine Interest starts at 6.5% APR*, compounding monthly.
To be eligible for payout, user must have a balance in their Coinmine Wallet by the 12:00 am Pacific Time on the first of each month. Additionally, the user must not make a withdrawal during that month. Balance can be obtained by mining with Coinmine One, mining with a Coinmine Cloud Miner, or other grants from the Coinmine team, like the Founding Member's Reward.
Payout is given on the first of the following month. Payout will be given inside the Coinmine Wallet.
The first Payout is January 1st, 2020.
At this time, Coinmine Interest does not support generating interest on funds deposited into a Coinmine wallet from an external wallet.
*Disclaimer: Rates for Coinmine Interest are subject to change. Digital currency is not legal tender, is not backed by the government, and Coinmine Wallets are not subject to FDIC or SIPC protections.