May 3, 2024

Antpool refuses to support Ethereum mining after the merger

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Antpool refuses to support Ethereum mining after the merger

The Antpool mining pool published an announcement on its official resource that after the Ethereum merger it will stop supporting ETH mining.

Antpool encourages customers to provide an address by September 3 to transfer the remaining ether mined to Antpool.

“Because ETH 2.0 (The Merge) carries the risk of censorship in different countries, Antpool, for the security of customer assets, will not be able to support user ETH assets in the PoS blockchain,” the message says.

The pool team announced that they will continuesupport the PoW consensus algorithm developed by Satoshi Nakamoto and “fully supports BTC, ETC and other PoW tokens.” The creators of Antpool promise to continue providing Ethash mining pool services to users who plan to continue mining Ethash tokens such as Ethereum Classic. The team intends to make every effort to ensure hash rate stability and asset security.

The announcement follows Antpool's announcement fromOn July 26, mining pool CEO Lv Lei announced at the Bitmain summit that the company had invested $10 million to support Ethereum Classic (ETC). Against the background of this statement, the ETC hashrate reached another record high on August 26, when the block height was 15,817,701. The hashrate increased to 39.58 Tx/c. 

Antpool recently announced that it will stop supporting Ethereum mining, but will not offer PoW mining for the new version of Ethereum.