Dear Poolin Users,
The Bitcoin Cash (BCH) network is expected to undergo a hard fork on Nov. 15, 2020. There are currently two competing fork proposals, Bitcoin Cash ABC (ABC) and Bitcoin Cash Node (BCHN). As per the latest data from Coin Dance, 76.3% of BCH blocks have signaled support for BCHN over the last 7 days, compared to 1.0% for ABC. In the event of a successful fork, users holding BCH prior to the fork will receive the new assets.
As such, to maintain the safety of user funds during the hard fork, Poolin will handle the hard fork as per the following:
Poolin will switch all of the BCH hashrate to BTC one day before the hardfork on the 14th of November, 2020.
Poolin will suspend BCH payments on Nov. 15, 2020.
A separate announcement about switching the BTC hashrate back to BCH will be published once the hard fork has completed and the network is stable.
Poolin will take a snapshot of your BCH balance in Poolin wallet on Nov. 15, 2020 at 12:00 (UTC).
- If there are fork coins, we will provide 1:1 fork coins. Further details regarding this distribution will be stated in a separate announcement.
If you are using Poolin Wallet, please click Announcement to get more details.
Please contact us if you have further questions.