- Trustnodes reports Several Ethereum (ETH) mining pools have been creating thousands of small transactions (~ 0.05 ETH or less) per day, congesting the network and elevating fee pressure. There is speculation that this is due to automated payouts by pools to smaller miners.
- According to molllliy on Twitter, ousted Bitmain co-founder Micree Zhan has published a list of illegal activities that his co-founder and CEO Jihan Wu has engaged in, including embezzlement. He concludes with an offer to buy back shares of the company at a $4B USD valuation in order to end the power struggle.
Here’s this week’s mining industry news: