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What does Ether Pool mean (When will Ethermine be credited)?

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What does Ether Pool mean? In simple terms, it is a cryptocurrency automaticall

What does Ether Pool mean (When will Ethermine be credited)?

What does Ether Pool mean? In simple terms, it is a cryptocurrency automatically mined by computational power. The task of miners on the Ethereum network is to carry out block reward halving (or difficulty adjustment). This process is known as “random selection” or “proportional allocation.” It means that when a block encounters an issue, it will be processed according to certain rules, and new blocks will be generated. Due to the complexity and vulnerability of blockchain data structure, some digital tokens can exist as native assets in these nodes.

When will Ethermine be credited?

During yesterday’s Ethereum developer meeting, Vitalik Buterin addressed the issue of when Ethermine will be credited. He emphasized that we should wait for validators and miners to work together to see if block rewards have reached the target. He said, “If there are no miners participating in staking mining, they need to start mining again.”

But this time is around 9 PM on November 1st. The question “When will Ethermine be credited?” drew a lot of attention because some mining pools even stopped extracting ETH when the price of Ether dropped. Later on, many people asked, “Why does Ethereum keep rising? Will it rise again one day?” These questions have not been answered, but they have caused some doubts, suggesting that Ethereum may be undervalued or crash.

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