Ethermine pool stops eth mining until the merger of the Ethereum – Bits Media

One of the large pools of Ethermine broadcasting reported, that stops ETH production at the Proof-OF-WORK algorithm (PoW). 15 september, After the merger of the Ethereum, The pool will switch to the output mode ETH.

The press release says, that the countdown timer will be available on the panel management. Users will be able to continue mining ether, until the countdown reaches zero. To receive the remaining ETH, miners will need to initiate a payout from the dashboard on their page.

Ethermine reported, that clients will be able to request payment, if their balance exceeds 0.005 ETH. In this case, the transaction fee will be deducted from the user's outstanding balance. Poole emphasized, that the proposed EtherPoW fork or “any planned PoW fork” will not support.

“ETH mining phase will end 15 september 2022 of the year. After this date, it will no longer be possible to mine ether on the Ethereum network using graphics cards. (GPU) or ASIC. Once the Proof-of-Work mining phase is completed, the Ethermine pool will switch to ETH withdrawal mode.", - said in a press release.

Recently, the American cryptocurrency exchange Coinbase reported, which will temporarily suspend deposits and withdrawals of ETH and ERC-20 tokens during Ethereum's transition to the Proof-of-Stake algorithm (PoS).