Mining Pools: Why are exchanges discontinuing this service, and who’s still in the game?
In the mining world, we’re increasingly seeing major exchanges like OKX discontinuing their mining pool services. Their recent announcement about shutting down OKX Pool has raised questions across the industry. Why is this happening, and which pools are still worth considering?
🤔 Why are exchanges stepping back from mining pools?
Intense competition: Independent giants like Foundry USA dominate the market.
Regulatory challenges: Providing mining services is becoming less profitable in some regions.
Resource allocation: Exchanges are shifting their focus to other products like DeFi, NFTs, and staking.
💡 Who’s still in the game?
There are still pools offering competitive conditions. For example, WhiteBIT Pool specializes in SHA-256 mining, offering transparent payout models and seamless integration with the WhiteBIT exchange. However, when choosing a pool, it’s important to align with your goals: are you seeking stable income, or are you looking to diversify your assets?
📢 Your experience: Do you prefer using exchange-based pools, or do you stick with independent platforms?
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