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Gate has launched GatePool rental Mining supporting 15 mainstream Crypto Assets.
[Chain News] The mainstream crypto assets exchange Gate has officially launched the rental mining project, GatePool. The GatePool rental mining based on smart contracts is a risk-free investment project, allowing users to freely choose the coins to mine after renting computing power on GatePool. Currently, the supported coins include BTC, ETH, DOGE, and 15 other mainstream crypto assets, with more coins to be added in the future.
Gate states that GatePool rental mining has advantages such as controllable risks, no maintenance, and stable returns. Users can choose different computing power plans based on their needs, with rental periods ranging from 30 days to 365 days. In addition, Gate also provides a computing power yield calculator to help users understand expected returns.
The launch of GatePool provides Gate users with a new investment channel, helping to attract more users to participate in Mining activities. As the Crypto Assets market continues to develop, similar rental Mining services may become one of the important businesses for exchanges.