Binance shuts BTC mining pool, Zcash miners living the dream

By Steven Stradbrooke . Senior writer covering all things blockchain, with a focus on regulatory, legislative and policy developments. TL;DR: Binance is shutting down its Binance Pool mining unit on November 10, a sign of how tough BTC mining economics have become. Some miners are pivoting to AI data centers, while others are chasing Zcash, which currently pays nearly three times as much per day as BTC mining. Meanwhile, Ethiopia is turning on miners, which has stalled BitFuFu’s acquisition there, and South Africa is considering discounted power for flexible high-load users.

Source: CoinGeek