The major ETH-pool will stop mining

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Ultramining.com

17:35 23/08/2022

194
The major ETH-pool will stop mining

Ethermine, the most famous ETH-mining pool, announced the stopping of all the processes based on the old algorithm. Planning that after merging two systems the work will be withdrawal format only. It will happen in September.

The company set the countdown and according to it all pool’s clients can mine till the time ends. To withdraw the mined altcoins they should use the tools from their own profiles. It will be possible if the balance is more than 0.005 ETH. Users should know that they should have a positive balance and keep enough money to pay all fees for the transaction.

Ethermine admitted that the company is not going to work with Ethereum forks and mining will be finished 15.09.2022 any case. After this mining with GPU and ASIC will be impossible.


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