On March 19, a large Chinese mining pool F2Pool urgently suspended the mining of the Grin cryptocurrency due to an error in the operation of the node.
For the period of technical work, payments to miners have also been stopped.
“Grin miners must temporarily suspend mining to prevent damage to the node and wait for it to recover. We will notify the miners about the resumption of the mining pool, ”said F2Pool representatives.
Users were advised to switch to mining other coins to minimize losses.
Amid the news, the coin’s price has dropped more than 10% and is trading at $ 0.557 at the time of writing.
Data: CoinMarketCap.
Recall that the main cryptocurrency network Grin was launched on January 15, 2019. The coin is based on the MimbleWimble protocol aimed at solving scaling and privacy issues.
The digital currency was supported by the BTC.com and F2Pool pools, the Bisq decentralized exchange, as well as other companies and services of the crypto industry.
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