Another Ethereum mining pool forced to close due to Chinese repression

BeePool, the fourth largest Ethereum mining pool, is closing its doors due to the crackdown on cryptocurrencies in China. BeePool announced on Tuesday that it will suspend operations. "in response to the latest regulatory policies". Effective immediately, registering new users and adding sub-accounts for existing users will be discontinued, and mining access is expected to end by October 15th. The announcement comes just a day after the news that SparkPool, Ethereum's second largest mining pool, will suspend operations by the end of the month for similar reasons. Together, BeePool and SparkPool account for more than a quarter of Ethereum's hashrate….