Cryptocurrency mining platform, Simplecoin that brought mining at the doorstep of every crypto enthusiast has decided to wave goodbye as the company’s official statement announces shut down on 1st January 2020. The Netherlands-based mining pool began its operations in 2011 with an intention to make mining a smooth and trouble-free task. Its unique mining tools and trusted platform allowed avid miners to save the mined hashes and encash them into supported currencies. It was all plain sailing until European Union’s directive was announced, earlier this year, that would force crypto-related businesses, like Facebook’s Libra stablecoin, in the region to comply
