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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 in Antpool.

“Because ETH 2.0 (The Merge) comes with the risk of censorship in different countries, Antpool will not be able to maintain a user’s ETH assets on the PoS blockchain for the security of customer assets,” the post reads.

The pool team announced that they are going to continue to support the PoW consensus algorithm developed by Satoshi Nakamoto and “fully support 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 the stability of the hashrate and the safety of assets.

The announcement follows Antpool’s announcement on July 26, when mining pool CEO Lv Lei announced at the Bitmain Summit that the company has invested $10 million to support Ethereum Classic (ETC). Against the backdrop of this announcement, the ETC hashrate reached another all-time high on August 26, when the block height was 15,817,701. The hashrate rose to 39.58 Tx/s.

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

Source: Bits

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