Poolin.com mining pool has suspended ETN mining service because of ETN hardfork which changed PoW to PoR, Proof of Responsibility. Now we are working on paying out customers' balances. As some customers haven't set ETN wallet address or BTC wallet address (those who activated BTC settlement for ETN mining profit), we've provided some days for customers to set or modify their addresses. Deadline being July 17th, 2019.
【About ETN Fork】
Here are some paragraphs we copied from ETN official annoucement for your reference.
We’ve just undertaken a successful fork to an improved blockchain model that we have developed called Proof of Responsibility. This model brings a new level of confidence, security and scalability required to achieve mass adoption.
We have developed our blockchain to:
- Become one of the few cryptocurrencies that is insusceptible to 51% attack
- Reduce our block reward (new coin emission) by 75%
- Increase scalability, confidence and commercial viability
- Speed up on-chain transactions
- Involve relevant and influential Non Governmental Organisations (NGOs) in the Electroneum project.
With this development we have engineered two new blockchain processes; Proof of Responsibility and Moderated blockchain. Delivering all the benefits of decentralisation whilst adding new layers of protection.
【About ETN Mining Service Suspension and Wallet Address Setting】
After changing PoW to PoR, ASIC miners, including Innosilicon A8, A8+, Antminer X3 cannot mine ETN any more. This is also why we've suspended ETN mining service. To ensure your profit, you can try to mine other cryptocurrencies with same algorithm, for instance, BCN, DERO, XMC etc.
Also due to this fork and upgrade, we've stopped ETN mining profit paying out from July 6th, 2019 and many customers have some unpaid ETN balance in poolin account.
【Important】Please set your ETN wallet address or BTC wallet address for those who activated BTC settlement of ETN mining profit before July 17th, 2019 UTC if you haven't set address yet. Or modify your current wallet address to another one that supports deposit.
*Note: some exchanges have stopped ETN deposit due to this fork. So please check whether the wallet or exchange you are using to deposit ETN can still support ETN deposit.
How to set ETN wallet address?
1. Visit Poolin.com, login your account, click sub-account manage, click setting of the ETN sub-account, click modify withdraw address
