Largest Bitcoin Mining Pool Blocks Internet Access From Mainland China

Largest Bitcoin Mining Pool Blocks Internet Access From Mainland China

Largest Bitcoin Mining Pool Blocks Internet Access From Mainland China Keeping pace with China’s efforts to ban crypto-linked activities, Antpool is blocking users with mainland China IP addresses. 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 plans to establish an operating entity in mainland China and is in the process of building a new business and management team with Singapore as its …
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