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Bitmain announces support for Ethereum mining on Antpool

Bitmain, a leading bitcoin mining hardware manufacturer, added support for Ethereum mining on Antpool on May 28 and is welcoming all Ethereum aficionados to point their rigs at a new mining pool with a solid reputation.

Bitcoinist noted that it will be quite challenging for the firm to persuade Ethereum miners to switch to Antpool. Addressing this crucial issue, Bitmain is refunding 5% of PPLNS mined between now and June 10, 2016. However, the offer is valid only for the first 25 Ethereum miners.

Currently, Ethereum Antpool mining pool does not provide a PPS payout structure and it remains uncertain if it will be added in the future. However, PPLNS is an equally viable payout structure for Ethereum miners.

Bitmain CEO and Co-founder Wu Jihan stated:

“This will help the Ethereum network to achieve a more diversified mining market and Antpool will be able to serve a new growing area, including the GPU mining community”.

A complete guide explaining the setting changes that are required to set up one’s Ethereum rig to start mining at Antpool is available here. Users can also check their mining pool statistics through this web portal.

According to Bitcoinist, more than 1GH/s of mining power seems to be pointed at the Antpool Ethereum server already.

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