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Major Chinese Mining Pool Drops out of BTC Mining Race, Looking to Altcoins

According to local blockchain media on April 6, Chinese mining company Valarhash’s Baite mining pool hash rate decreased significantly from 4000 to 200 petahashes per second earlier in March. The pool decided to leave the Bitcoin mining business and possibly move into altcoin mining in the near future.

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Source: Cryptocurrency - investing.com

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