Prominent Ethereum Mining Pools Extends Support to ETHW Mining

Ethereum finally transitioned its underlying consensus model to proof-of-stake (PoS) on September 15th at block 15537393. The historical event, however, failed to shed off the appeal of the new proof-of-work (PoW) version of Ethereum.

ETHPoW (ETHW), a hard fork of Ethereum supported by a group of PoW proponents, has unveiled a list of all the mining pools that will support EthereumPoW after its mainnet launch.

Some prominent mining pools, such as F2Pool, Poolin, AntPool, Nanopool, BTC.com, 2miners, and EthwMine, have made it to the list.
So far, 23 pools have extended support, according to the post. The new asset’s developers also confirmed that some new pools were carrying out mining tests based on data from the testnet.
Instead of following up with services for the planned PoW forks, Ethermine, which happens to be the world’s largest Ethereum mining pool, stated it will stop offering its services after the switch.
As per its announcement, all Ethermine stratum servers will be shut down, and the pool will shift to a withdraw-only mode.
However, Ethermine users will still be able to leverage affiliated servers to mine Ethereum Classic (ETC), as well as Ravencoin (RVN), Ergo (ERGO), and Beam (BEAM).
Post Merge, the miners will be replaced by validators tasked with keeping the network secure and processing transactions, a move that saw vehement opposition from many miners.
Chinese miner Chandler Guo, for one, even rolled out a campaign to oppose the Merge, citing that those who previously mined the token could be left with useless rigs.
Subsequently, Guo joined forces with other devs to propose a new cryptocurrency via a hard fork that would still leverage proof-of-work mining.

The post Prominent Ethereum Mining Pools Extends Support to ETHW Mining appeared first on CryptoPotato.

Related Posts

South Carolina treasurer goes on Bitcoin ‘fact-finding trip’ to El Salvador

The state official reportedly used his own funds to pay for the trip, which included discussing Bitcoin with government officials and exploring financial literacy programs. Curtis Loftis,…

Kardashian’s EthereumMax Lawsuit Turns Against SEC Chair

Earlier this week, the U.S. Securities and Exchange Commission (SEC) charged and settle a lawsuit with socialite and billionaire Kim Kardashian for allegedly withholding information about promoting…

US Job Openings Plummet- What Does It Mean for Bitcoin?

The number of new job openings in the US markets decreased by 6.2%. What is in store for the U.S. markets and Bitcoin? It is the 2nd…

Bitcoin Price at Generational Bottom With Institutions Buying en Masse

Crypto analyst Cred opines that bitcoin may have hit a generational bottom, presenting a good buying opportunity for long-term holders. On Oct. 5, 2022, Fidelity Investments purchased…

3 Easy Ways to 10x Your Bitcoin and Ether in October

Whether crypto is now on the path towards recovery or faces a wintery “Septembear”, you can still make a profit from your digital currency relatively easily. Here…

Big Eyes Coin and Axie Infinity – Which NFT-Based Cryptocurrency Has Greater Potential In The Market?

A brand-new NFT-based cryptocurrency called Big Eyes coin (BIG) will be released into the market, and if its pre-sale is any indication, it’s going to rock the…

Generated by Feedzy