Crypto Miner F2Pool Mined the Last-Ever PoW Ether Block Before Merge

The miner used almost 30 million gwei to pay for that transaction.

AccessTimeIconSep 15, 2022 at 7:36 a.m. UTC
Updated Sep 15, 2022 at 3:27 p.m. UTC

Shaurya is an analyst/editor for CoinDesk's markets team in Asia.

Crypto miner F2Pool mined the last-ever block of proof-of-work (PoW) ether (ETH) as the network shifted to a proof-of-stake (PoS) consensus system earlier Thursday morning.

The last ether block before the Merge was 15537393, data shows. F2Pool paid some 29,991,429 gwei, the smallest unit of ether, as gas fees for that transaction.

The miner included a message in Mandarin in the block: “七彩神仙鱼F!,” it read, which translates to “Colorful Angelfish F!”

F2Pool did not immediately respond to requests for comment.

The miner, which was founded in 2013, was one of the earliest bitcoin (BTC) mining pools.

After the Merge, new blocks on the Ethereum network continued to be produced as normal and without any hiccups. Ether traded flat after the Merge.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Shaurya is an analyst/editor for CoinDesk's markets team in Asia.

CoinDesk - Unknown

Shaurya is an analyst/editor for CoinDesk's markets team in Asia.