Going Crypto: Rich Casino Adds Ethereum PaymentsPublished March 8, 2018 by Arthur M
Rich Casino has added a new payment solution option, with the Ethereum cryptocurrency now available to use across their range.
Rich Casino has announced that they will now accept payment in the Ethereum virtual currency, with players also able to withdraw winnings using this fast-growing digital solution.
Why Have They Added Ethereum?
While the bitcoin currency is well-established, Rich Casino is reaching out to as many potential players as possible and has seen the rapid growth of Ethereum as a new opportunity. While it has been estimated that it takes 10 minutes to mine a bitcoin, the block time for Ethereum is just 14 to 15 seconds , which is an important factor in making it the fastest-growing cryptocurrency.
Commenting on the new development, Gwen Adams, Rich Casino spokesperson has said “We welcome change and innovation because we know that staying relevant in today's online gaming market requires an ever-changing business environment. We realise our customers’ needs change rapidly and we strive to stay ahead of the curve.”
She added that “Ethereum integration is just part of the effort at improving our product. In the last year Rich Casino has undergone a lot of changes, including the introduction of a new slick design front end, and brand new backend system.''
A Brief Overview Of Ethereum
Released in 2015, Ethereum is an open-source, blockchain platform that users access to mine Ethers. It differs from bitcoin not only in the time it takes to mine, but also because new coins are mined at a consistent rate, whereas bitcoins halve every 4 years, while transaction fees are also far lower.
About Rich Casino
Rich Casino is part of a long-established group and carries games from a number of developers, including Rival Gaming, Betsoft and Pragmatic Play. The whole site has been recently overhauled to improve the range and accessibility for mobile devices, with the decision to include Ethereum being part of their efforts to attract a wider audience.