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AntPool invests $ ten million in the Ethereum Classic (And so on) ecosystem.

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The biggest bitcoin mining pool in the planet, AntPool, announced a $ ten million investment in the Ethereum Classic (And so on) ecosystem at an occasion final evening.

AntPool invests $ ten million in the Ethereum Classic (And so on) ecosystem.

Antpool, The mining association was as soon as run by mining hardware giant Bitmaininvested $ ten million in the Ethereum Classic ecosystem, organization CEO Lv Lei explained yesterday at Bitmain’s World Digital Mining Summit.

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We help the And so on ecosystem and incubate higher top quality PoW tasks together! https://t.co/AHft6WfGES

– ANTPOOL (@AntPoolofficial) July 27, 2022

As the venture staff will work day by day to pave the way for Ethereum to move to Proof-of-Stake (PoS), Ethereum Classic chooses to proceed creating historical past for Proof-of-Work (PoW), continuing to mine And so on with the net its perforation grid.

The $ ten million investment is earmarked for creating and finding applications on the Ethereum Classic mainnet to maximize general network effectiveness.

On July seven, Bitcoin abruptly launched a new line of miners named Antminer E9. Only in the initially week Antminer E9 was instantly “sold out”.

Connect to Antpool and delight in mining pool commissions for the 1st month! The ANTPOOL staff will get in touch with competent customers. Enjoy the totally free mining gains! pic.twitter.com/Lpfp6Dmt9x

– Antpool Mining (@antpool_mining) July 23, 2022

The facts that The Merge has an activation date has turn into the driving force behind the selling price of the And so on, a phenomenon that occurred in March. Combined with the over information, And so on is trading all-around the $ 25.24 threshold, in rise of practically eight% in the final 24 hrs.

one hour chart of And so on / USDT pair on Binance Exchange at 08:57 on 07/27/2022

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