Largest Bitcoin Mining Pool Blocks Internet Access From Mainland China

Posted on by American Coins & Gold

Largest Bitcoin Mining Pool Blocks Internet Access From Mainland China
Antpool, the largest Bitcoin mining pool by hashrate, said it will block Internet access from mainland China to comply with Chinese government regulations on crypto mining activities.The ban will exclude Hong Kong and Taiwan, according to an announcement posted on the Antpool website.The mining pool, which holds more than 17% of total bitcoin hashrate share, said that it will also deploy its know-your-customer (KYC) user authentication system to comply with laws and regulations of countries around the world.Antpool noted that it completed the legal procedures for its spinoff from Bitmain at the beginning of May. The “new Antpool” has no…