The BTC mining pool of OKEx, a popular crypto exchange that recently hit all the headlines after freezing withdrawals, has lost almost all its hashrate as a result of this suspension.
According to data provided by BTC.com, the hashrate of the miners connected to OKEx's mining pool generated about 5% of all blocks mined in the Bitcoin network during the last quarter, half of the 10% per day it had been mining on average until now.
It should be noted that as of October 16, coinciding with the freezing of withdrawals from the platform, the hashrate of the pool collapsed from about 9,000 petahashes per second (PH/s) to just 20 PH/s.
As a result, since October 17, the mining pool of the exchange has only mined 12 blocks, the last on November 2.
In addition, OKEx's Ethereum mining pool is also suffering the consequences of the suspension of withdrawals from the platform, as its hashrate has decreased from 30,000 MH/s to 730 MH/s.
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