The turbulent journey of the Bitcoin mining sector continues this week as BTCCPool announces it will close “indefinitely” November 30. BTCC Pulls Out Of Mining The pool, which constitutes the mining arm of Hong Kong-based exchange BTCC (formerly BTCChina), began operating in 2014, yet rarely competed with giants such as Bitmain’s Antpool. A statement confirmed the closure November 6, with officials remaining coy over the exact impetus behind the decision. A rough translation reads: Today, weRead MoreThe post BTCC to Shut Down Mining Pool Following ‘Business Adjustments’ appeared first on Bitcoinist.com.
