Mining Pool Antpool Announces No Assets in Ethereum (ETH) After Merge: Merge poses censorship risk

Mining pool Antpool, a subsidiary of mining company Bitmain, has announced that it will stop holding its clients’ assets in Ethereum (ETH) after the Ethereum blockchain transitions to a proof-of-stake (PoS) system.

Antpool announced on its official website that it will keep customer assets in Ethereum (ETH) after the Merge update, which will switch Ethereum’s blockchain system from proof of work (PoW) to proof of stake (PoS). that you will leave stated. In the statement, the reason for this move is that Ethereum is in different countries. being censored stated to be a risk.

Antpool, Satoshi Nakamoto proof of work announced that he adopted the system and believed in its security. Bitcoin (BTC), Ethereum Classic (ETC) and all other proof-of-work coins and tokens, the company has always committed itself to the proof-of-work system. to the development and maintenance expressed his dedication.

In the post, it was stated that for users who want to continue mining assets such as Ethereum Classic, the version of Ethereum that works with the proof-of-work system, mining services will continue to be offered and asset security will be provided as usual.

The company is trying to attract accumulated Ethereum assets to its users. September 3, 2022 to their accounts until Ethereum wallet recommended to add.

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