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KuCoin suspends Bitcoin and Litecoin mining pools
KuCoin's Bitcoin and Litecoin mining pools will be suspended from 16:00:00 on Aug. 15, 2023 (UTC) until further notice. The exchange said the decision was "in line with KuCoin's evolving business strategy" but didn't elaborate further. It's unclear if the decision is related to the upcoming Litecoin halving. KuCoin staff wrote: "To ensure uninterrupted earnings during our temporary suspension, users who are involved in cryptocurrency mining, we recommend transitioning your BTC and LTC miners to alternative mining pools before 16:00:00 on August 15, 2023 (UTC)." The exchange also warned users to back up and preserve ... (full story)