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 taking part Antpool miners so as to add their ethereum withdrawal addresses by September 3, to be able to obtain the accrued ether collected by Antpool.
Antpool to Cease Supporting Ethereum Following The Merge
On Saturday, August 27, the cryptocurrency mining pool Antpool advised clients that it’ll now not keep ETH belongings after The Merge. Clients have till September 3 to provide an ETH deal with to be able to accumulate 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 most important ETH mining pool by way of hashrate is Ethermine, a pool that instructions 263 terahash of hashpower in comparison with Antpool’s 17.9 terahash. Ethermine additionally introduced it could cease supporting ETH belongings 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 together with the danger of censorship amongst completely different nations, Antpool, for the sake of shoppers’ asset safety, won’t be able to take care of the consumer’s ETH belongings 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 “totally helps BTC, ETC and different PoWs tokens.”
Antpool added:
Antpool will proceed offering Ethash mining pool companies for customers who plan to maintain mining Ethash tokens like [Ethereum Classic], and can make each effort to make sure 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 Basic (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).
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