The founder of the sixth largest mining pool F2Pool [China] has published a video in which a huge number of mining devices just unload on each other near an unknown building. Also with your WeChat account, he shared a picture of a person who allegedly sells or buys miners in bulk.

The vid and photo shared by co-founder of F2Pool (Discus Fish) on Wechat today. Credits to him 🙂

— cnLedger (@cnLedger) 20 Nov 2018.

Note that some users believe that the video and photos captured the effects of the June floods in Sichuan province, when presumably it was destroyed several large mining farms.

F2Pool founder added that I’m not sure exactly when the video was taken, however, shared photos of their facilities, and said that tens of thousands of devices have been disabled because the production of bitcoin for some, ceased to be profitable after the recent collapse in prices.

Tens of thousands of #bitcoin miners were shut down due to the recent market crash, according to the co-founder of F2Pool, one of the largest/oldest mining pools in China.

— cnLedger (@cnLedger) 21 Nov 2018

Herat in the network of bitcoin demonstrated a substantial decline over the last 30 days. So, if on October 31, Hasrat accounted for 58.2 EH/s, today this figure is less than 35 EH/s, says about 40% of the fall.


Earlier, trading company Susquehanna said that GPU mining Ethereum has ceased to be profitable.

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