DeFI News by Thebittimes.Com

The Bitcoin (BTC) mining race intensified between China and the United States, recently dominated by the former in a shift. AntPool mined nearly one-third of all newly issued BTC in the last 24 hours, concentrating block production and mining rewards. Finbold retrieved data from mempool.space on September 22, accounting for Bitcoin’s daily block discovery among mining companies and pools. By the time of this writing, AntPool had mined 42 blocks out of 135, while Foundry USA discovered 36. Notably, the first two leaders have been dominating the mining race for years, putting a significant distance against their competitors. ViaBTC, for example, mined only 10% of the blocks in this period, while F2Pool and MARA got less than that. Picks for you Solana must break this resistance to avoid a massive price crash ...

OKX Exchange discontinues Mining Pool services, citing business adjustments. New-user registrations are halted immediately; existing users are allowed until Feb 25. Complete cessation of mining pool-related services scheduled for Feb 26. In a recent announcement, OKX, a major cryptocurrency exchange, has disclosed plans to cease its Mining Pool and related service s. This decision, attributed to business adjustments, is set to impact users starting January 26, 2024. The discontinuation schedule, outlined by OKX, indicates a phased approach with new-user registrations ceasing immediately and existing users having until February 25, 2024, to utilize the service before a complete halt on February 26, 2024. OKX business adjustments While revealing its intention to discontinue the mining pool service s, OKX cited business adjustments as the driving force behind the decision. Effective immediately, new-user registrations for mining services are no longer bei...