From September 3, Bitmain-affiliated AntPool mining pool will stop supporting Ethereum due to the cryptocurrency’s imminent transition to the Proof-of-Stake (PoS) consensus algorithm.

ETH Maintenance Change Noticehttps://t.co/ClUePgHUz6 pic.twitter.com/97zq0BCc2x

— ANTPOOL (@AntPoolofficial) 27 August 2022

Before this date, the service recommended that users add an ETH wallet address to their account to receive the mined coins. The team clarified that it cannot protect assets on the PoS chain.

AntPool will continue to provide mining services for users who plan to mine Ethereum Classic (ETC) and other Ethash tokens.

“As one of the largest PoW mining pools, AntPool represents Satoshi Nakamoto’s decentralized Proof of Work consensus and fully supports BTC, ETC, and other tokens,” the statement said.

In July, the service announced a $10 million investment in the Ethereum Classic ecosystem. At the beginning of the same month, Bitmain started selling the Antminer E9 ASIC miner for ETH/ETC mining.

In August, Ethermine, the largest mining pool on the Ethereum network, announced that it would not support any of the potential PoW forks. The structure offered users to switch to mining ETC and other existing cryptocurrencies from September 15.

Recall that JPMorgan acknowledged that ETC will be the main beneficiary of miner flow after Ethereum’s transition to PoS.

In the material, ForkLog analyzed Ethereum Classic’s prospects of obtaining the original ether’s free hash rate and how this might affect the ETC price.

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