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Wednesday, January 27, 2021

This bitcoin mining pool threatens to betray the project’s core principles

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A new bitcoin mining pool, launched in beta by analytics platform Blockseer, will refuse to process transactions that involve certain blacklisted wallet addresses, in a bid to ensure it does not inadvertently facilitate criminal activity.

The pool will use Blockseer and Walletscore forensics data, as well as the United States OFAC blacklist for crypto, to filter out any transactions considered “nefarious” from blocks posted by the group.

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