The developers of the new asset confirmed today that a number of major Ethereum mining pools are expected to support EthereumPoW (ETHW) after the merger.
According to a series of tweets from the ETHW account, major pools such as F2Pool, Poolin, and BTC.com will support ETHW mining, which is expected to start after the planned hard fork. After a few hours, use Nanopool too most dangerous She will participate, too.
mining complex They are groups of crypto miners who share their resources so that other miners can work with them and have a better chance of processing transactions and thus sharing the loot.
The Core of ETHW: An Open Letter to the Ethereum Community [3/9]: Mainnet and ETHW Mining Pool launched
It looks like the Ethereum Foundation isn’t going to slow the transition to PoS, so it’s time to talk about ETHW, the PoW Chain, which is the backbone on which Web3 is currently built. 1 / n pic.twitter.com/5ZaSCC2V7G
Ethereum, the second largest cryptocurrency, is moving to a proof of stake in a long-awaited transition known as the merger. This will eliminate the need for miners, as validators will replace them to maintain network security and transaction processing.
The hope is that this move will make the network greener. Proof-of-work blockchains – like Bitcoin – are notorious for being energy-intensive. The Proof of Stake consensus mechanism eliminates the need for industrial processes that use a lot of electricity to keep the grid running.
But the prominent Chinese miner Chandler Gu last month release Campaign to oppose merger because those who have previously mined Ethereum can probably left With unnecessary rigging.
To save these operations, Guo and other developers Suggestion New cryptocurrency via hard fork That will still be using Proof of Work mining. Today’s news confirms that there is broader support for this move.
Today’s tweet read: “In addition to the major mining pools (F2Pool, Poolin, BTC.com, etc.) that have confirmed support for ETHW mining, some new pools are also running mining tests based on data from our test network.”
She added that the ETHW community has also partnered with reserve mining pool EthwMine.
Meanwhile, a number of major exchanges – including Coinbase and Binance – have He said They wouldn’t rule out an ETHW listing.
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