Antpool will suspend Ethereum support before The Merge

Antpool will suspend Ethereum support before The Merge

Starting September 3, Antpool mining pool will stop supporting Ethereum in connection with the upcoming transition of cryptocurrency to the consensus algorithm Proof-OF-Stake (POS).

The service recommended users to this date to add the ETH-pose address to the account to receive mined coins. The team explained that she would not be able to maintain assets in the POS chain.

Antpool will continue to provide mining services for users who plan to extract Ethereum Classic (ETC) and other Ethash tokens.

“Being one of the largest Pow Maining pools, Antpool stands for a decentralized consensus Proof-hour from Satoshi Nakamoto and fully supports BTC, ETC tokens and others,” the statement said.

In July, the service announced an investment of $ 10 million in the Ethereum Classic ecosystem. At the beginning of the same month, Bitmain began sales of the Antminer E9 ASIC Mainer for ETH/ETC production.

Later, the largest Ethermine mining pool on Ethereum said that not one of the potential Pow cars would support. The structure offered users from September 15 to switch to ETC mining and other available cryptocurrencies.

Recall that JPMorgan admitted that the ETC will become the main beneficiary of the inflow of miners after the Ethereum transition to POS.

FORKLOG analyzed in the material the prospects for obtaining Ethereum Classic the released hashReit of the original ether and how this can affect the price of etc.

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