Bitcoin mining pool OCEAN has formally ended support for the BIP-110 fork chain, citing limited mining activity and the shift to the Blake2b proof-of-work mechanism. The pool said it will neither adopt nor support the BIP-110 hard fork and will stop paying BIP-110 block rewards.
The BIP-110 chain stalled after the Aug. 8 user-activated soft fork attempt failed. OCEAN said post-fork mining rewards became unusable because they did not reach 100 confirmations, adding that those rewards are now “permanently frozen” at BIP-110 block 961,639. Miners seeking to continue supporting BIP-110 have been directed to CONVOY Mining, which plans to support the Blake2b hard fork and continue BIP-110 share records.
OCEAN Ends Support for BIP-110 Fork Chain, Says Block Rewards Are Permanently Frozen
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
