Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC

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.

Timeline of Ethereum-classic, Ethereum

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After a brief month-long uptrend until mid-August, Ethereum [ETH] bears were back in the game post the rising wedge breakdown.

The crypto community has witnessed another price plunge after the just concluded Federal Reserve annual meeting. Many investors already anticipated a new turn in asset prices after Jerome Powell spoke on the approach to combat inflation.

The last and final Bellatrix upgrade was pushed earlier this week, as we approach the date of the Ethereum [ETH] Merge. With the Merge putting an end to the ETH mining community, miners are searching for other alternatives to stay in the business.

Scott Hansen aka Tycho, the musician, producer, and songwriter, tells Decrypt's Kate Irwin how he caught the crypto bug and why he believes Web3 can change the music industry for the better.

There is no denying that Fed Chair Jerome Powell's speech about inflation on Friday (August 26) brought major pain to both U.S. stocks and crypto. The question is how much are his comments going to going the affect the $ETH price in the coming days/weeks.

Just like the traditional markets, the crypto markets reacted badly to yesterday's speech by Powell. Following the announcement of the continuation of the hawkish policy of the Federal Reserve, the market sentiment is bearish.

ETH developer addresses node centralization concerns before the Merge, it before the Ethereum switch from its current proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) one. The Merge, as it is technically known, is scheduled for September 15, but in the run-up to the significant update, Ethereum node centralization has become a hot subject.

Binance will suspend ETH & ERC-20 deposits and withdrawals during the Merge, while the network transitions to its proof-of-stake Beacon chain in September (15th or 16 of September according to estimates) The move was made by the world's largest exchange by transaction volume in an effort to offer stability during ‘The Merge,' which is expected

In a Saturday blog post, the firm said it won't be able to maintain clients' assets on Ethereum 2.0 network. The post AntPool won't maintain client assets on Ethereum after The Merge amid ‘risk of censorship' appeared first on The Block.