All by tag: Proof-of-Work

This version so far only supports pools such as Antpool, Poolin, and F2pool

Brian Kelly noted the possibility of a failed upgrade, which could negatively affect the price of the asset

In total, the miners’ revenue amounted to $756 million

An application for tokens will need to be submitted on the day of the network upgrade

The marketplace also has been preparing its upgrade for “a smooth transition”

The platform will continue to provide ETC and other Ethash token mining services

The exchange will vet new assets “with the same rigor” as other tokens

Dan Morehead noted that the energy consumption of the network will be reduced by 99,95%

According to the updated roadmap, the first phase of the algorithm change will begin on September 6

Users can claim increased rewards until September 8, 2022

Customers can create assets in exchange for the equivalent amount in ETH, a reverse conversion is available at any time

This decision was made in line with the network’s planned transition to the PoS algorithm