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Announcing #Ethermine MEV beta! 🥳

In order to compensate the upcoming mining reward reduction caused by the adoption of EIP-1559 we have launched our MEV beta program.

80% of our MEV revenue will be distributed alongside the mining block rewards.
5% will be used to support the Ecosystem via @gitcoin grants. The remaining amount will be used for further development of our MEV strategies.

In total we expect an increase of 1-10% in mining rewards.

Stay tuned for more information on this existing new addition to our pool📰
A few more words on EIP-1559

We opposed EIP-1559 because of security concerns. These concerns could get mitigated by adopting EIP-3368. Independent of the outcome (EIP-1559 & EIP-3368) we'll never endorse nor pariticipate in any kind of hostilities by miners against the network.
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