AntPool Makes Statement For Monero (XMR) Mining Pool & April 6 Fork

AntPool, one of the biggest mining pools has officially announced the Monero Hard Fork will take place on April 6, 2108, at a block height of 1546000. To increase the focus on mining community, the software update will involve a change in their POW system to protect from ASIC threats and ring signatures. The software upgrade of Monero will be on the current versions i.e CLI v0.12.0.0 or GUI v0.12.0.0, and the hard fork won’t be affecting Monero.

The official post by AntPool says: “Respecting the choice of miners and their actual needs, and further reducing the threshold for mining, the ant mining pool team always upholds the principles of fairness and transparency and the interests of the miners.”

An overwhelming part of the Monero community has welcomed the coming hard fork, however, there are few who haven’t. The takeaway from this is that the development team of XMR is constantly working on its improvement that is usually not the case with other cryptocurrencies. There is a high probability that the Monero hard fork will give a boost to its prices.

Bitmain, who run AntPool, is considered to be malicious actors by some in the Crypto Ecosystem because of the AntBleed scandal where they were intentionally including malware within mining equipment they sell. However, Bitmain had always maintained the position that it is a feature, not a bug.

[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:

*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews

I will never give away, trade or sell your email address. You can unsubscribe at any time.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

5 × 1 =