Despite Ethereum’s historic transition to some proof-of-stake (PoS) consensus mechanism, mining pools are more and more registering for mining around the approaching proof-of-work (Bang) form of Ethereum.
EthereumPoW, the city promoting for ETHPoW, or even the Bang Ethereum version, has released a summary of mining pools that will continue mining following the ETHW mainnet launch.
Based on EthereumPoW, some major Ethereum mining pools are likely to continue mining despite Ethereum’s change to the eco-friendly PoS consensus mechanism.
During the time of writing, their email list of ETHW mining pools composes as many as 19 various mining pools, including F2Pool, Poolin, AntPool, Nanopool, 2miners and EthwMine.
Interestingly, their email list includes some Russia-linked pools, including Pool Moscow and BaikalMine, in addition to Ukrainian ones, for example UA Pool. EthereumPoW noted the list keeps growing as increasing numbers of pools are joining following the mainnet launch.
The pointed out ETHW mining pools apparently constitute significant mining capacity. Based on data from ETH.BTC.com, F2Pool may be the second-largest Ethereum mining pool by blocks after Ethermine, using the year-to-date block share amounting to fifteen.7%.
Poolin is another significant contributor, as several Poolin mining pools possess a total block share of 8.7%. Based on the data, 2miners, Nanopool and AntPool will also be notable mining pools, using the annual block share standing around 5%, 3% and 1.5%, correspondingly.
Together, ETHW mining pools apparently constitute more mining capacity when it comes to block share than Ethermine, the world’s largest Ethereum mining pool, which found greater than 28% of Ethereum blocks in the last year.
Unlike F2Pool and Poolin, Ethermine opted to terminate its Ethereum mining pool services because of Ethereum switching on PoS, formally announcing a withdrawal-only mode on Wednesday. Rather, the organization has launched a brand new Ethereum staking service using the PoS Ethereum vision from the Ethereum Foundation.
F2Pool didn’t immediately react to Cointelegraph’s request comment. This information will be updated pending new information.
As formerly as reported by Cointelegraph, Ethereum’s PoS transition grew to become a serious problem for Ethereum mining firms because the Ethereum Merge was initially made to eliminate Bang mining.
The Merge lies like a major Ethereum upgrade, aiming to help make the cryptocurrency greener and much more eco-friendly. Based on Ethereum investigator Justin Drake, the Ethereum Merge will reduce worldwide electricity consumption by .2%.
“The merge will reduce worldwide electricity consumption by .2%” – @drakefjustin
— vitalik.eth (@VitalikButerin) September 15, 2022
Because of Ethereum switching to PoS, Ethereum mining-related firms happen to be positively trying to find methods to continue mining. For instance, cryptocurrency miner Hive Blockchain continues to be trying to replace the mining of Ether (ETH) along with other coins.