{"id":66801,"date":"2022-08-28T09:01:03","date_gmt":"2022-08-28T09:01:03","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=66801"},"modified":"2022-08-28T09:01:03","modified_gmt":"2022-08-28T09:01:03","slug":"antpool-reveals-plans-to-drop-ethereum-ethash-support-plans-to-keep-mining-etc","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=66801","title":{"rendered":"Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC"},"content":{"rendered":"<p><img decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/08\/ant-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC\" loading=\"lazy\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/ant-300x169.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/ant-1024x576.jpg 1024w, https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/08\/ant-768x432.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/ant-190x107.jpg 190w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/ant-380x214.jpg 380w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/ant-760x428.jpg 760w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/ant.jpg 1280w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\"><\/p>\n<p><strong>Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts after The Merge is implemented. The mining pool is asking participating Antpool miners to add their ethereum withdrawal addresses by September 3, in order to receive the accumulated ether collected by Antpool.<\/strong><\/p>\n<h2>Antpool to Stop Supporting Ethereum Following The Merge<\/h2>\n<p>On Saturday, August 27, the cryptocurrency mining pool Antpool <a href=\"https:\/\/www.antpool.com\/newsDetail\/395\">told customers<\/a> that it will no longer maintain <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> assets after The Merge. Customers have until September 3 to give an <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> address in order to collect the remaining ether mined by Antpool\u2019s ethereum mining operation. Statistics show there is just over <a href=\"https:\/\/www.coinwarz.com\/mining\/ethereum\/hashrate-chart\">1,000 terahash per second (TH\/s)<\/a> of hashpower dedicated to the <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> blockchain and Antpool is the tenth largest <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> mining pool in terms of hashrate.<\/p>\n<p>The largest <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> mining pool in terms of hashrate is Ethermine, a pool that commands 263 terahash of hashpower compared to Antpool\u2019s 17.9 terahash. Ethermine also <a href=\"https:\/\/news.bitcoin.com\/worlds-largest-ethereum-mining-pool-to-drop-ether-pow-mining-ethermine-starts-merge-countdown\/\">announced<\/a> it would stop supporting <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> assets and would not mine a <a href=\"https:\/\/news.bitcoin.com\/proposed-ethereum-pow-fork-token-loses-half-its-market-value-in-less-than-6-days\/\">new PoW version of ETH<\/a>. Antpool declared that The Merge comes with some censorship risk, and the pool will distribute the remaining <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> Antpool mined next month.<\/p>\n<p>\u201cAs <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> 2.0 (The Merge) comes along with the risk of censorship among different countries, Antpool, for the sake of clients\u2019 asset security, will not be able to maintain the user\u2019s <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> assets on the PoS chain,\u201d the mining pool operation detailed on Saturday. Antpool also mentioned that the pool advocates decentralized proof-of-work created by Satoshi Nakamoto and it \u201cfully supports <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a>, <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETC\" target=\"_blank\" rel=\"noopener\">ETC<\/a> and other PoWs tokens.\u201d<\/p>\n<p>Antpool added:<\/p>\n<blockquote>\n<p>Antpool will continue providing Ethash mining pool services for users who plan to keep mining Ethash tokens like [Ethereum Classic], and will make every effort to ensure hash power stability and asset security.<\/p>\n<\/blockquote>\n<p>The news follows Antpool\u2019s announcement on July 26, when the mining pool\u2019s chief executive officer Lv Lei explained at Bitmain\u2019s mining summit that the firm invested $10 million to bolster Ethereum Classic (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETC\" target=\"_blank\" rel=\"noopener\">ETC<\/a>). <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETC\" target=\"_blank\" rel=\"noopener\">ETC<\/a>\u2019s hashrate once again tapped another <a href=\"https:\/\/www.coinwarz.com\/mining\/ethereum-classic\/hashrate-chart\">all-time high<\/a> on August 26, 2022, at block height 15,817,701, when it reached 39.58 terahash per second (TH\/s).<\/p>\n<p><em><strong>What do you think about Antpool\u2019s announcement concerning maintaining <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> assets after The Merge? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts after The Merge is implemented. The mining pool is asking participating Antpool miners to add their ethereum withdrawal addresses by September 3, in order to receive the accumulated ether collected by Antpool. Antpool to Stop Supporting [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":66802,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-66801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/66801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66801"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/66801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/66802"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}