Marathon plans to divert all hash power to its new, regulatory compliant Bitcoin mining pool from May 1.
Major U.S.-based mining firm Marathon Digital Holdings has announced the launch of what it describes as the first North American Bitcoin mining pool that is “fully compliant with U.S. regulations.”According to a March 30 announcement, the pool adheres to U.S. anti-money laundering guidelines and rules set out by the Office of Foreign Asset Control, or OFAC. Marathon will ensure the transactions processed by its pool meet regulatory standards by using technology exclusively licensed by DMG Blockchain allowing transfers to be filtered.The firm will begin diverting 100% of its current hash power to the new pool from May 1. Marathon’s new pool also plans to begin accepting hash power pooled from other U.S.-based miners from June 1. By 2022, Marathon expects to have deployed 103,120 miners to direct 10.37 exahashes per s
Bitcoin HODLers Spend 97,000 BTC—Biggest Move This Year
[[{„value”:” Bitcoin long-term holders have seen their spending accelerate recently, with the largest daily spike of the year…