Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
Summary
Binance Pool is closing its operations following a significant drop in its computing power over the past months. Active participants currently utilizing the platform must transition to an alternative provider prior to the upcoming November deadline.
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov. 10 cutoff.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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