Sep 5, 2023
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Due to China's crypto crackdown, BeePool has forced to close. User registration and sub-account creation will be disabled immediately, except for mining access servers. A day after, Sparkpool, the second largest Ethereum mining pool, shut down.
China’s crypto crackdown has forced BeePool, the world’s fourth largest Ethereum mining pool, to close its doors. “In reaction to the most recent governmental policies,” the Ethereum mining pool located in China said on Tuesday that it will cease operations immediately.
China: 4th Largest Ethereum Mining Pool to Shutter Its Operations Amid Rising Regulatory Concerns
China: 4th Largest Ethereum Mining Pool to Shutter Its Operations Amid Rising Regulatory Concerns
Chinese regulatory crackdown on crypto continues to force crypto miners to leave the country for greener pastures elsewhere. BeePool Shutters Ethereum Mining Operations BeePool, a China-based Ethereum (ETH) mining pool that also holds the distinction of being the world’s 4th largest ETH mining pool in terms of hashrate recently announced it was shuttering its operationsRead More
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