Sometimes we also have challenging news to share, and this is one of those times. It is unfortunate to announce that K1Pool is removing the Nexa mining pool. Users are advised to withdraw their coins from the pool wallet by 20 September, 2025. Please note that the Nexa pool is being closed due to the concentration of miners, and its restoration may be considered in the future, as stated in the K1Pool announcement.
Nexa Mining Operations Suspended on K1Pool
Please withdraw your Nexa coins from the pool wallet by 20 September, 2025. After this date, nodes for these coins will be shut down, the corresponding pools will be closed, and withdrawals will no longer be possible. Nexa is being removed due to the centralization of PoW hashrate. However, pool restoration for Nexa may be reconsidered in the future.
Official announcement on X:
https://x.com/K1Pool/status/1964931720932720814
Closing Note
It is an unfortunate situation, but we must address all news and ongoing developments. Please withdraw your coins from the pool wallet by 20 September, 2025. Decentralization is a pivotal aspect of every cryptocurrency, and we remain committed to addressing these challenges. Thank you for being with us.