Hashflare, one of many largest cloud-based mining service, abruptly shuts down Bitcoin mining contracts.
In an official assertion, Hashflare said that they might disable their mining and would successfully terminate all SHA-256 based mostly mining contracts.
The corporate stated:
“BTC mining continues being unprofitable, in gentle of which we wish to inform you that on 18.07.2018 we had been compelled to start out disabling SHA and in the present day, on 20.07.2018, cease the mining service of energetic SHA-256 contracts in accordance with clause 5.5 of our Phrases of Service”
They talked about that for over a month the