Coinbase doesn't plan to support Ethereum Classic now

According to Coinbase statement, company doesn't plan to integrade Ethereum Classic at this stage
24 July 2017   1509
Ethereum Classic

Is a continuation of the original Ethereum blockchain - the classic version preserving untampered history; free from external interference and subjective tampering of transactions.

Coinbase, biggest Bitcoin wallet and trading platform, isn't ready to intergrate Ethereum Classic yet. This is reported by the Ethereum World News.

Last week, a lot of Ethereum Classic fans and analysts suggested that Coinbase will start to support the Ethereum Classic in the near future. These talks were caused by the user's found of an API link to Ethereum Classic on Coinbase platform. Even Barry Silbert, the founder and CEO of Digital Currency Group, a Bitcoin and Blockchain-focused investment firm, thought this way. 

However, almost immediately after Silbert shared the API link of Ethereum Classic on the Coinbase platform in online communities and social media, the Coinbase development team clarified that the API link is simply a relic from the previous Ethereum Classic payout. Coinbase announced that they have no plans to support ETC at this stage and that this API call is a relic of the ETC withdrawals.

Launch of the Ethereum Classic Investment Trust, that allows investors of public market to invest in Ethereum Classic, this cryptocurrency continued its growth.


Distributed database that is used to maintain a continuously growing list of records, called blocks.

Ethereum Classic is the sixth largest cryptocurrency in the market, with around $1.5 bln market cap. Although Coinbase representatives stated that they cannot provide any more information in regard to the cryptocurrencies the platform intends to support, analysts and experts have been encouraging Brian Armstrong, the CEO of Coinbase, to consider integrating Ethereum Classic. to Mine ETH and ETC

New pool will support the mining with video cards and CPUs
30 August 2018   2049

Sponsored by the Chinese mining giant Bitmain, mining pool expands its service by adding the ability to mine Ethereum and Ethereum Classic, CoinDesk reports., which claims that its share accounted for 21% of all blocks of bitcoin mined last year, will add new functionality on its portal The service will allow the miners to switch their hash capacity from one pool to another, depending on what it seems most appropriate in a specific market environment.

According to the announcement, thus wants to "help Ethereum to scale its mining infrastructure".

GPU miners are versatile, still profitable and are not easily replaced in a bear market. It's common for miners to split investment into both. Also, there are already ASIC miners for ethereum and ethereum classic which are easier to set up and are dedicated to ethash mining. This will save us from supporting a huge list of GPU coins simultaneously.

Zhong Zhuang


Company note that the new pool will support the mining with video cards and CPUs, despite the fact that this year Bitmain released its own ASIC-miner, focused on the Ethereum.

In the future, may launch other mining pools targeting "popular coins", such as Litecoin, ZCash and Monero, but Zhuang refrained from more specific applications. Before any decision is taken, the company needs to evaluate the network of the cryptocurrency, the quality of its code, the roadmap and the volume of trades, he explained.