Home / Crypto News / China's cryptocurrency exchange BTCC announces that the mining pool will be closed indefinitely from the end of this month

China's cryptocurrency exchange BTCC announces that the mining pool will be closed indefinitely from the end of this month

China's virtual currency exchange BTCC announces that the mining pool will be closed indefinitely from the end of this month

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.

China's virtual currency exchange BTCC announces that the mining pool will be closed indefinitely from the end of this month

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What exactly is business adjustment? ,,

Author: ぼ に フ ァ 【Coin Desk News】 – Source Post: https://crypto-times.jp/btcc-miningpool/

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