Blockchain explorer and mining pool BTC.com has now added help for Ethereum Classic (ETC) because the Ethereum community switches from proof-of-work (PoW) to proof-of-stake (PoS) with the Merge. The mining pool has launched the mining pool, BTC.com ETC Pool, with “zero-fee” mining for 3 months.
BTC.com Launches ETC Mining Pool Ahead of Merge
According to BTC.com’s Ethereum The Merge Countdown, the Merge is estimated to set off on the TTD of 58,750,000,000,000,000,000,000 on September 15 at 04:44:47. The community hashrate is 891.96 TH/s. However, as per Ethereum Foundation’s advised tracker, the estimated Merge date is September 14 at 22:49:47 UTC.
With Ethereum miners turning into out of date after the Merge, BTC.com has expressed help for Ethereum Classic (ETC) mining. The mining pool has even launched BTC.com ETC Pool to have miners change to Ethereum Classic after the Merge. Also, a “zero fee” ETC mining for 3 months has been launched to reward miners and customers to help BTC.com.
Users can join ETC hashrate to BTC.com ETC Pool on to reap the benefits of zero mining charges till December 1. Moreover, the mining pool has additionally launched a tutorial and configuration associated to ETC mining.
Top mining swimming pools together with Ethermine and Antpool have additionally introduced help for ETC mining and turned down Ethereum PoW. Antpool has even dedicated a $10 million funding to help Ethereum Classic. It additionally promised to proceed investments and help ETC funds.
Ethereum Classic (ETC) Price Shows Strength
Ethereum Classic value is displaying energy amid the market-wide promoting stress. ETC value is buying and selling at $32.08, up practically 1% in a day and 4% in every week. Moreover, the hashrate has jumped larger as miners appear to modify from Ethereum to Ethereum Classic.
Ethereum co-founder Vitalik Buterin, ETC Cooperative, and Digital Currency Group CEO Barry Silbert consider miners ought to change to Ethereum Classic. They have additionally criticized the Ethereum hard fork plan by EthereumPoW.
The costs have turned unstable earlier than the Merge as ETH issuance will considerably drop post-merge.
The offered content material could embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.