KuCoin, an exchange with over 20 million clients, will pause its Bitcoin and Litecoin mining pools on Aug. 16 as part of a shift towards its core business focus. Recent layoffs, rumored to have affected almost 30% of its workforce, prompted the move.
The KuCoin Bitcoin mining pool’s hash rate currently stands at 9.60 EH/s.
KuCoin changing tactics
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Author: Sarah Jansen
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