OKEx mining pool lost almost all hash rate after withdrawal freeze

in okex •  4 years ago 

The mining pool of the OKEx cryptocurrency exchange lost almost all of its computing power after the suspension of funds withdrawal in October, The Block draws attention.

According to BTC.com, OKEx miners have mined about 5% of Bitcoin blocks in the past three months, with an average of 10 per day.

Since October 16, when the exchange announced a freeze on asset stripping, the pool's computing power has dropped from 9,000 petaheshes per second (PH / s) to 20. Since October 17, OKEx has mined only 12 blocks, the last of which was on November 2.

The data in the OKEx mobile and web app paints the same picture regarding the computing power connected to Ethereum mining. Their volume fell from 30,000 MH / s to 730 MH / s.

Users have been unable to withdraw cryptocurrency from OKEx for almost a month, after, according to official information, one of the holders of its private key was brought into investigation. OKEx announced last week that it was hiring an "external legal advisor" to deal with current issues.

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