NEWS:BTC China Adds Mining Pool and Merchant Payment Services

Posted on at


BTC China has announced it is expanding its range of digital currency services with the addition of a new mining pool and merchant payments processing.

It marks another step on the company's transition from simple exchange to an integrated services platform, and reflects a recent diversification trend among Chinese digital currency businesses.

The company said in a statement:

"BTC China's expanded portfolio covers all aspects of the digital economy, allowing a user to mine bitcoin and litecoin in its mining pool, store it in BTC China’s wallet, pay for goods through its payment gateway, and trade for fiat on the exchange."

Users will now be able to access all of BTC China's services, including the existing exchange and bitcoin/litecoin wallets, with a single user account.

The mining pool is not a cloud-mining or subscription service, but a pool for existing miners to join. At this stage it is for bitcoin mining only, and instructions are in Chinese language only.

 

Source: http://www.coindesk.com/btc-china-adds-mining-pool-merchant-payment-services/



160