China-based Sparkpool shuts down all ETH mining pool services By BTC Peers

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© Reuters. China-based Sparkpool shuts down all ETH mining pool services One of the world’s leading mining pools, Sparkpool, has decided to shut down its local and international Ethereum mining pool services in response to regulatory changes in China. The Hangzhou-based firm, which is the second-largest Ethereum mining pool, announced on Monday that it had already suspended the services for new China-based mining customers. pic.twitter.com/hLPamoSwk1— SparkPool (@sparkpool_eth) September 27, 2021Sparkpool added that the suspension also applies to its international customers, and by the end of this month, it would have suspended its mining pool services for all customers, both local and international. Meanwhile, in the past 24 hours, the real-time Ethereum hash rate affiliated with Sparkpool has dipped by over 8%. This is undoubtedly linked to China's revamped scrutiny and clampdown on crypto mining and trading activities. The firm’s decision to suspend services in
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