After the merger, F2Pool and Poolin will support EthereumPoW.
Several large Ethereum mining pools will support EthereumPoW (ETHW), according to the developers of the new asset.
A series of tweets by the ETHW account indicate that major pools like F2Pool and Poolin will support ETHW mining. This is expected to begin following a hard fork. Nanopool announced its participation a few hours later.
Mining pools are groups that share their resources with other crypto miners so they can work together and have a better opportunity to process a transaction and thus share in the rewards.
ETHW Core: A letter to the Ethereum community (3/9): Mainnet Launch, ETHW Mining Pool
Ethereum, the second largest cryptocurrency, has switched to proof of stake. This is a long-awaited transition, known as the merger. Validators will take over the role of miners and keep the network safe and process transactions.
The move is expected to make the network more sustainable. Blockchains that prove work, such as Bitcoin, are notoriously energy-intensive. A proof-of–stake consensus mechanism eliminates industrial operations that consume large amounts of electricity to maintain the network’s operation.
Chandler Guo, a prominent Chinese miner, launched last month a campaign against the merger because it could leave those who have previously mined Ethereum with obsolete rigs.
Guo and others proposed a new cryptocurrency via hard fork, which would still use proof of work mining to save these operations. Today’s news confirms the wider support for this move.
“In addition to major mining pools (F2Pool and Poolin, BTC.com and etc.), there are also some new ones. Today’s tweet stated that in addition to the major mining pools (F2Pool, Poolin, BTC.com etc.) that have supported ETHW mining and some new pools are also performing mining tests based upon data from our testnet.
The ETHW community also partnered with EthwMine, a backup mining pool.
Several major exchanges, including Binance and Coinbase, have said that they will not exclude ETHW from their platforms.
