- ETH Price at the time of writing – $1,473.48
- However, they plan to Keep Mining ETC
- Ethermine commands 263 terahash of hashpower
Antpool, the bitcoin mining pool partnered with Bitmain, has reported that crypto mining activity won’t oversee Ethereum accounts after The Merge is carried out.
The mining pool is requesting that taking part Antpool diggers add their Ethereum withdrawal addresses by September 3, to get the amassed ether gathered by Antpool.
Antpool to Stop Supporting Ethereum Following The Merge
On Saturday, August 27, the cryptographic money mining pool Antpool let clients know that it will never again keep up with ETH resources after The Merge.
Clients have until September 3 to give an ETH address to gather the excess ether mined by Antpool’s Ethereum mining activity. Measurements show there is a little more than 1,000 terahash each second (TH/s) of hashpower committed to the ETH blockchain and Antpool is the 10th biggest ETH mining pool as far as hashrate.
The biggest ETH mining pool as far as hashrate is Ethermine, a pool that orders 263 terahash of hashpower contrasted with Antpool’s 17.9 terahash.
Ethermine likewise declared it would quit supporting ETH resources and wouldn’t mine another PoW rendition of ETH. Antpool announced that The Merge accompanies some restriction risk, and the pool will appropriate the excess ETH Antpool mined one month from now.
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ETC’s hashrate at the time of writing – 39.58 TH/s
As ETH 2.0 (The Merge) shows up with the gamble of restriction among various nations, Antpool, for clients’ resource security, can not keep up with the client’s ETH resources on the PoS chain, the mining pool activity is definite on Saturday.
Antpool additionally referenced that the pool advocates decentralized verification of work made by Satoshi Nakamoto and it “completely upholds BTC, ETC and different PoWs tokens.
The news follows Antpool’s declaration on July 26, while the mining pool’s CEO Lv Lei made sense of at Bitmain’s mining highest point that the firm contributed $10 million to reinforce Ethereum Classic (ETC).
And so forth’s hashrate by and by tapped another unequaled high on August 26, 2022, at block level 15,817,701, when it came to 39.58 terahash each second (TH/s).
Source: https://www.thecoinrepublic.com/2022/08/28/antpool-plans-to-drop-ethereum-ethash-support/