OKEx Pool Announces To Support Ethereum 2.0 Testnet

OKEx Pool Announces To Support Ethereum 2.0 Testnet

The Malta-based crypto exchange, OKEx, has announced that the OKEx Pool has become one of the world's largest mining assemblies that has supported the Topaz Ethereum 2.0 test network. The fourth largest crypto exchange in the world based on trading volume believes that this integration will help its network to attract more customers.

OKEx Pools Supports 9 POW Cryptocurrency

The exchange said that people who were curious about the further Ethereum launch could get information for the platform.

OKEx introduces its mining collection, OKEx Pool in 2019, to support at least 9 working proof cryptocurrency that includes Bitcoin and Ethereum.

In just three months since its launch, the mining group is considered to be the top five largest group because of the strength of the hash given to Bitcoin (BTC).

According to Miningpoolstats.stream, OKEx Pool is the 46th largest mining pool for ETH by hash power because it provides around 25 GH / sec hash rate for at least 150 active miners.

OKEx Pool Provides 0.01 Percent Hash Power

At present, OKEx Pool provides a 190TH / second hash rate for ETH miners which means it only provides 0.01 percent of all hash power while securing the recent ETH mainnet.

Recently, chief strategy officer at OKEx, Alysa Xu, when talking about the integration of OKEx with Ethereum, said that the exchange collaboration with Prysmatic Labs would help OKEx to improve its work. Xu further stated that all forms of future progress by ETH will be promoted on the OKEx platform.

He also stated that the company was very happy because it had become the first mining network that was successfully integrated with the Topaz ETH 2.0 test network.

It has been previously reported that Topaz Testnet from Ethereum 2.0 will bridge the gap between work consensus and stock evidence. This testnet has been developed by Prysmatic Labs and already has more than 20,000 validators.

To be an active node on ETH, the validator must risk at least 32 ETH for testing.