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Blockchain explorer and mining pool BTC.com has now added assist 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 steered tracker, the estimated Merge date is September 14 at 22:49:47 UTC.

With Ethereum miners changing into out of date after the Merge, BTC.com has expressed assist for Ethereum Classic (ETC) mining. The mining pool has even launched BTC.com ETC Pool to have miners swap to Ethereum Classic after the Merge. Also, a “zero fee” ETC mining for 3 months has been launched to reward miners and customers to assist 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 assist for ETC mining and turned down Ethereum PoW. Antpool has even dedicated a $10 million funding to assist Ethereum Classic. It additionally promised to proceed investments and assist ETC funds.

Ethereum Classic (ETC) Price Shows Strength

Ethereum Classic value is displaying energy amid the market-wide promoting strain. ETC value is buying and selling at $32.08, up almost 1% in a day and 4% in per week. Moreover, the hashrate has jumped increased 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 swap 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.

Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his information about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency trade for a considerable interval and is at present overlaying all the most recent updates and developments within the crypto trade.

The introduced content material could embrace the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty on your private monetary loss.