Ninjastic
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Topic
Board Altcoin Discussion
Re: Second-largest Ethereum mining pool to suspend all operations
by
semobo
on 01/10/2021, 04:10:32 UTC
Quote from: samcrypto on September 30, 2021, 10:56:23 PM
Quote from: semobo on September 30, 2021, 04:04:56 PM
Quote from: AEX on September 30, 2021, 03:23:41 AM
Now, ETH trading is very popular on the AEX exchange (www.aex. com).

ETH is successfully trading on every exchange. Tongue Tongue

They just suspended but definitely, they will move to another place in future and starts to mine other coins and ethereum as much as possible.
That’s right, they really have to move into other location to continue their operations since they are losing money here and they can’t stick to that. I just see this one to affect the transactions speed on ETH network and this might also trigger the fees which is already expensive to transact. Anyway, this is just temporary and China will lift that again.
Earlier this happen with bitcoin blockchain too but sooner the congestion will be clear once there is clear announcement from the pools but surely they are not going to shut it down completely or else they have to face huge financial loss.