Largest mining pool Monero announces shutdown
- August 1, 2022
- 0
Mining pool MineXMR announced the termination of work on August 12. The administration has asked miners to switch to other platforms to avoid the suspension of cryptocurrency mining.
Mining pool MineXMR announced the termination of work on August 12.
The administration has asked miners to switch to other platforms to avoid the suspension of cryptocurrency mining.
Remaining rewards will be sent automatically after the pool is closed.
The MineXMR team did not give an official reason for the closure.
According to MineXMR’s own statistics, pool-controlled computing power at the time of this writing is 1.04 GH/s, or 40% of the total. Now almost 9500 miners remain on the platform.
Recall that in February, members of the Monero community were concerned about the concentration of mining power in the MineXMR pool. To some, this posed the potential risk of a 51% attack by pool leaders.
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