Bitcoin Mining Pool OCEAN Ceases Support for the BIP-110 Fork Chain

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On-chain news reveals that Bitcoin mining pool OCEAN has ceased support for the BIP-110 fork chain due to low mining activity and the transition to Blake2b proof-of-work. OCEAN will no longer distribute BIP-110 block rewards, which were frozen at block 961,639. The hard fork announcement underscores stalled progress following the failed UASF attempt on August 8. Miners wishing to support BIP-110 have been directed to CONVOY Mining, which plans to continue share recordkeeping and support the Blake2b hard fork.

Huo Xing Finance reports, according to Bitcoin News, that the Bitcoin mining pool OCEAN has officially ceased support for the BIP-110 fork chain due to limited mining activity and a shift to the Blake2b proof-of-work mechanism. OCEAN stated it will not adopt or support the BIP-110 hard fork, nor will it continue paying BIP-110 block rewards. The BIP-110 chain became stagnant after a failed user-activated soft fork attempt on August 8; the forked block rewards remain unusable due to not reaching 100 confirmations, and OCEAN confirmed these rewards have been permanently frozen at BIP-110 block 961,639. Miners wishing to continue supporting BIP-110 have been directed to CONVOY Mining, which plans to support the Blake2b hard fork and maintain BIP-110 share records.

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