Binance Pool, one of the leading mining pools in the cryptocurrency industry, recently announced that it has temporarily suspended the distribution of mining rewards for altcoin DASH.
Binance Pool Stops Distribution of Altcoin Dash (DASH) Mining Rewards
This decision is seen as a result of the situation following the activation of v19 of Dash Core, a popular blockchain protocol.
The Dash (DASH) network has encountered a temporary pause in the production of new blocks due to the activation of v19.
This has led Binance Pool to take the measure of suspending the distribution of DASH mining rewards until the network resumes block production.
This suspension accommodates the temporary pause in block production by ensuring that mining rewards are not distributed during this period of network downtime.
It is important to note that Binance Pool's decision to suspend the distribution of DASH mining rewards is temporary and directly related to the current situation on the Dash network. The suspension will remain in effect until the network resumes normal block generation.
The continuation of Binance's statements is as follows:
While no specific timeline has been given for the resumption of block production, Binance Pool will be monitoring the situation closely and will resume reward distribution as soon as the network stabilizes.
From now on, there will be no further announcements by Binance Pool regarding the temporary suspension of DASH mining rewards.
Users are advised to stay up to date with the latest developments regarding the Dash network through official channels and platforms.
The temporary suspension of DASH mining rewards by Binance Pool is a proactive step taken in response to the network's pause in block production.
It aims to ensure a fair and consistent distribution of mining rewards once the network returns to normal operation.
Binance Pool is committed to providing its users with reliable and secure mining services, and this temporary measure demonstrates their determination to maintain a stable and efficient mining ecosystem.
*Not investment advice.
