Ethereum’s 2nd-largest mining pool F2Pool on Wednesday stated it would terminate ETH mining between September 10-20 as Ethereum switches to proof-of-stake (PoS) after the Merge. All ETH rewards throughout the interval might be paid after the Merge. Moreover, F2Pool invitations miners to make use of its pool to mine ETC, RVN, CFX, and different cash after the Merge. Miners can take pleasure in zero fee charges on Ethereum Classic (ETC) mining till September 30.
F2Pool Switches To ETC Mining After the Merge
F2Pool is the 2nd largest ETH mining pool and the highest ETC mining pool. After the Merge, the mining pool will absolutely assist ETC mining as Ethereum will swap from PoW to PoS, F2Pool announced on September 7.
The Merge is estimated to occur between September 10-20, as per Ethereum Foundation. F2Pool will proceed to run usually till the termination of ETH mining with the Merge. According to Ethereum co-founder Vitalik Buterin, the Merge is most probably to occur between September 13-15.
“Only 1 step towards the Merge, Our ETH pool will be available as usual until TTD triggers the end of mining. Don’t forget to double-check your wallet to receive the final payout of ETH mined!”
Moreover, F2Pool decides to pay the ETH stability to miners after the Merge to stop any points with the method. Miners want to substantiate if they’ve added a sound pockets deal with to their account. Also, miners might set totally different addresses for various mining accounts.
F2Pool invitations miners to mine ETC, RVN, CFX, and different cash after the Merge. The mining pool can also be providing “Zero” fee charges for ETC mining till September 30.
The assist for Ethereum Classic (ETC) continues to develop as miners swap to ETC mining, and never any Ethereum exhausting fork. As a outcome, the ETC worth and hash price proceed to leap greater. Top mining swimming pools together with Ethermine, BTC.com, Antpool, and others resolve to assist Ethereum Classic (ETC) after the Merge.
Ethereum Classic Price Can Hit $50
The neighborhood and miners’ assist for Ethereum Classic (ETC) has constructed robust momentum within the ETC worth. Also, prime miners have turned down assist for any Ethereum hard fork.
ETC worth has rallied over 200% within the final 2 months, shifting from $14 to a excessive of $45.51. Currently, the worth is buying and selling at $34.31, down practically 15% within the final 24 hours resulting from a market-wide sell-off. However, Ethereum Classic remains to be exhibiting power and the worth can hit $50 after the Merge. In truth, the Ethereum price will plummet after the Merge resulting from its deflationary mechanism.
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