Antpool, the bitcoin mining pool affiliated with Bitmain, has introduced the crypto mining operation is not going to handle ethereum accounts after The Merge is carried out. The mining pool is asking collaborating Antpool miners to add their ethereum withdrawal addresses by September 3, so as to obtain the accrued ether collected by Antpool.
Antpool to Stop Supporting Ethereum Following The Merge
On Saturday, August 27, the cryptocurrency mining pool Antpool advised prospects that it’s going to not keep ETH property after The Merge. Customers have till September 3 to give an ETH deal with so as to acquire the remaining ether mined by Antpool’s ethereum mining operation. Statistics present there may be simply over 1,000 terahash per second (TH/s) of hashpower devoted to the ETH blockchain and Antpool is the tenth largest ETH mining pool by way of hashrate.
The largest ETH mining pool by way of hashrate is Ethermine, a pool that instructions 263 terahash of hashpower in contrast to Antpool’s 17.9 terahash. Ethermine additionally introduced it might cease supporting ETH property and wouldn’t mine a brand new PoW model of ETH. Antpool declared that The Merge comes with some censorship danger, and the pool will distribute the remaining ETH Antpool mined subsequent month.
“As ETH 2.0 (The Merge) comes along with the risk of censorship among different countries, Antpool, for the sake of clients’ asset security, will not be able to maintain the user’s ETH assets on the PoS chain,” the mining pool operation detailed on Saturday. Antpool additionally talked about that the pool advocates decentralized proof-of-work created by Satoshi Nakamoto and it “fully supports BTC, ETC and other PoWs tokens.”
Antpool added:
Antpool will proceed offering Ethash mining pool providers for customers who plan to preserve mining Ethash tokens like [Ethereum Classic], and can make each effort to guarantee hash energy stability and asset safety.
The information follows Antpool’s announcement on July 26, when the mining pool’s chief government officer Lv Lei defined at Bitmain’s mining summit that the agency invested $10 million to bolster Ethereum Classic (ETC). ETC’s hashrate as soon as once more tapped one other all-time excessive on August 26, 2022, at block top 15,817,701, when it reached 39.58 terahash per second (TH/s).
What do you consider Antpool’s announcement regarding sustaining ETH property after The Merge? Let us know what you consider this topic within the feedback part beneath.
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