The Ethereum mainnet is expected to be upgraded to 12.965 million block heights in London at around 20:00 on August 5, 2021, Beijing time.
This upgrade will reduce the income of miners. After the implementation of EIP-1559, some miners' fee rewards will be destroyed, and it is expected that the income of Ethereum miners will be reduced by about 25% compared to the current one.
For this upgrade, Spider Pool has completed the corresponding upgrade and preparations, and the miners do not need to do anything.
Thank you for your continued support and attention to Spider Pool. We will continue to provide you with better services.
Spider Pool Operation Team
July 23, 2021