F2pool: At Least 600, 000 Bitcoin Miners Ceased Operations Over The Last Two Weeks

in #bitcoin5 years ago

Mao-Shixing-275x275.jpg
PHOTO SOURCE: COINDESK.COM

Coindesk, citing figures by Mao Shixing, founder of chinese mining company F2pool, reported that about 600, 000 to 800, 000 Bitcoin miners have abandoned their operations over the last two weeks due to the drastic price drop.

Mao shared that it is hard to calculate the exact number of miners that had halted operations with F2pool, and that the numbers are based on conversations they had with larger farms.


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