Bitcoin Mining Pool OCEAN Ends Support for BIP-110 Fork
Bitcoin mining pool OCEAN has officially ceased support for the BIP-110 fork, citing limited mining activity and a shift in the Blake2b proof-of-work mechanism. OCEAN stated it will not adopt or support the BIP-110 hard fork and will no longer distribute related block rewards. The BIP-110 chain stalled following a failed user-activated soft fork attempt on August 8, and rewards were permanently frozen at block 961,639. Miners wishing to continue with BIP-110 have been directed to CONVOY Mining, which intends to support the Blake2b hard fork.
Summaries are written by AI from the original article. Not investment advice.