Second-largest Ethereum mining pool to suspend all operations

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Launched in China in 2018, SparkPool controls over 22% of Ether’s hashrate as of today, second only to Ethermine.
Sparkpool, the second-largest Ethereum mining pool in the world, is suspending operations due to the ongoing Chinese crackdown on crypto.The mining pool officially announced Sept. 27 it has suspended access to new users in mainland China in response to Chinese authorities initiating new measures to combat crypto adoption in the country.Following initial restrictions made last Friday, Sparkpool will continue shutting down services, and plans to suspend existing mining pool users both in China and abroad on Sept. 30.According to the announcement, the measures intend to ensure safety of users’ assets in response to “regulatory policy requirements.” “Further details about the shutdown will be sent out through announcements, emails, and in-site messages,” Sparkpool noted.Launched in China in early 2018, Sp

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Źródło: https://cointelegraph.com/news/second-largest-ethereum-mining-pool-to-suspend-all-operations

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