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Ethereum’s 2nd-largest mining pool F2Pool on Wednesday mentioned it can terminate ETH mining between September 10-20 as Ethereum switches to proof-of-stake (PoS) after the Merge. All ETH rewards throughout the interval will probably 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 change 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 certainly 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 steadiness to miners after the Merge to forestall any points with the method. Miners want to verify if they’ve added a sound pockets deal with to their account. Also, miners could set completely different addresses for various mining accounts.

F2Pool invitations miners to mine ETC, RVN, CFX, and different cash after the Merge. The mining pool can be providing “Zero” fee charges for ETC mining till September 30.

The assist for Ethereum Classic (ETC) continues to develop as miners change to ETC mining, and never any Ethereum laborious fork. As a consequence, the ETC worth and hash fee proceed to leap greater. Top mining swimming pools together with Ethermine, BTC.com, Antpool, and others determine to assist Ethereum Classic (ETC) after the Merge.

Ethereum Classic Price Can Hit $50

The group and miners’ assist for Ethereum Classic (ETC) has constructed sturdy 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 almost 15% within the final 24 hours attributable to a market-wide sell-off. However, Ethereum Classic continues to be displaying energy and the worth can hit $50 after the Merge. In truth, the Ethereum price will plummet after the Merge attributable to its deflationary mechanism.

Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data 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 presently protecting all the most recent updates and developments within the crypto trade.

The introduced content material could embody the private 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.