Coin Bear Xiong: Only the mining pool business is closed, other businesses are normal

Today, the letter issuance will announce the announcement of the mining pool business on July 20. In this regard, the coin letter COO Xiong Yue said: 1. Since the establishment of the coin-age mine pool, it has almost always been a private pool, and other miners have less computing power. As the competition in the mining industry becomes more and more fierce, the proportion of self-owned computing power will inevitably become less; 2. The bitcoin mining pool is now low in overall industry profit margin, and the small mining pool with low computing power share has a high risk of losing money; 3. Only the mining pool business is closed and other businesses are normal.