Dear Poolin users,
The announcement about the DCR(Decred) upgrade is as follows:
The Decred community released a version update of dcrd v1.7.0 in January 2022. In this version, the community requires the node to upgrade the node version to v1.7.0 at block height 635,775 (about 11:00 on February 22, 2022 UTC).
Poolin have upgraded the relevant nodes to the latest version, so basically you do not need to do anything, and your income will not be affected currently.
Please kindly refer to this link for more details:
https://github.com/decred/dcrd/releases/tag/release-v1.7.0
In short terms, whether the PoW mining earnings is reduced from 60% to 10% depends on the result of the voting after the block height 635,775.
If the vote is passed, there will be a lock-up period of about 1 month, and the new rules will be activated in the first block after the end of this period, reducing the mining earnings of miners to 10%. Therefore, if the agenda is voted on, it is expected to take effect in May 2022.
If you have more questions, please feel free to contact us via telegram:
Poolin.com Team
February 22, 2022