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BlockFi + Coinmine Partnership Announcement

Published 2 October, 2019

    Blockfi coinmine partnership

    We’re thrilled to announce a partnership with Coinmine. Coinmine provides consumer mining units that are easy to operate and can be used anywhere. This partnership provides BlockFi clients more opportunities to earn crypto through mining, while simultaneously enabling Coinmine clients to do more with the crypto they’re currently mining.

    BlockFi + Coinmine Partnership Perks:

    • BlockFi clients will receive 10% off the retail value of a Coinmine One ($699).
    • Coinmine clients will receive a 10% boost on interest payouts and a 10 BPS discount on loans.

    Coinmine is the first ever personal at home crypto device. You just plug it in, connect it to WiFi, and tap the currency you want to mine in the Coinmine app. Some of the key features are:

    • Use WiFi to mine Bitcoin, Ethereum, Grin, Monero, and Zcash anywhere.
    • Use Coinmine on your mobile device with the Coinmine App. It allows you to instantly switch what you are mining, review earning estimates, and send/receive from the in app wallets.
    • Use the Lightning Network within the Coinmine App as well as existing Lightening apps.

    If you’re interested in further exploring Coinmine products at a reduced rate, please email support@blockfi.com with the subject line “Coinmine Discount” and we’ll help you get started.

    For Coinmine clients looking to create a BlockFi Interest Account (BIA) or get a crypto backed loan, we look forward to helping you do more with your crypto. In order to access these earnings you must meet the following requirements:

    • Your account was opened on or after October 2nd, 2019.
    • You were an existing Coinmine client at the time you opened your BlockFi account.
    • You used the Coinmine referral link or input the Coinmine referral code in the “how did you hear about us?” section of your application.

    If you don’t qualify for the Coinmine boost, don’t worry! We will be coming out with additional incentive programs in the future, which will enable customers to receive additional interest earnings.

    As a reminder, you are currently eligible to earn additional crypto on your BlockFi Interest Account by referring your friends. Learn more and get started here.

    As always, if you have any further questions email us at support@blockfi.com or give us a call at 646-779-9688.
    – The BlockFi Team

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    * BlockFi’s institutional partner, Gemini, provides secure custody for BlockFi client digital assets.
    * Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections. Products only available where permitted by law.
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    Disclaimer: Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are riot subject to FDIC or SIPC protections. Security is our top priority. Please see our Vulnerability Disclosure Form and Bug Bounty Program.
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    Disclaimer: Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections. Security is our top priority. Please see our Vulnerability Disclosure Form and Bug Bounty Program.
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