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#crypto mining consolidation

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Bitcoin Mining Pool That Controlled 2.3% of Network Shuts Down After 65% Hashrate Drop
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Bitcoin Mining Pool That Controlled 2.3% of Network Shuts Down After 65% Hashrate Drop

Key Highlights: Binance has announced the shutdown of its mining pool services, giving miners approximately four weeks to redirect their hash power to alternative platforms. Binance Pool pages will be permanently taken offline on November 24, with users required to finalize payouts, complete identity checks, and redeem Pool Savings before specified cutoffs. The closure marks ...