BTCC, a Hong Kong based cryptocurrency exchange, announced on Wednesday that it will close the mining pool “BTCC Pool” that has been ongoing since 2014 at the end of this month.
According to the BTCC statement, for business coordination, it said that all mining pool servers will be stopped on November 15 and will stop working indefinitely from November 30, the specific reasons for closing will be explained Is not …
Meanwhile, “I am convinced that the cryptocurrency and block chain industry, represented by Bitcoins, will continue to develop”, and it seems optimistic about the development of the cryptocurrency market in the future.
In addition, BTCC also states that it will return profits as planned to all minors, and it is unlikely that the minor will suffer disadvantages due to closure.
BTCC was the first cryptocurrency exchange in China to be established in 2011 and boasted one of the world’s largest trading volume in 2017 until the Chinese authorities effectively banned the cryptocurrency exchange in 2017.
In 2014, it is finished up to 2nd in the world with the Bitcoin trading volume, and in this news of closing you can not help feeling the flow of the times.
What exactly is business adjustment? ,,
Author: ぼ に フ ァ 【Coin Desk News】 – Source Post: https://crypto-times.jp/btcc-miningpool/
Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for informational purposes only. We are not an investment advisor and do not provide financial advice.
It’s also important to it properly to diligence and analysis, including consulting a professional financial advisor, No content on Coin News Desk makes up a recommendation to enter in any type of investment or to engage in any investment strategy present on this website.