WAYI.CN.

WAYI.CN was the Bitcoin mining poolMining poolA group of miners who share the work of finding blocks and split the rewards, so each gets paid steadily instead of rarely. of Wayi, a Chinese mining company now called Easy2Mine, or E2M. In the company’s own history, Wayi was set up in 2015 and ran its own mining sites in Inner Mongolia, Sichuan and Xinjiang from 2016. In 2017 it began cloud mining, selling customers a share of its machines’ computing power, and started pools for Bitcoin and Litecoin. Easy2Mine names Peicai Li as its chief executive.

The pool’s own site, easy2mine.com, called it WaYi Pool. mempool.space credits it with 1,486 blocks, from 14 February 2018 to 26 June 2021; in 2018, its busiest year, it found about 1.3% of all blocks. Each WAYI.CN block’s first transaction paid the reward to the pool’s own addresses, and the pool paid its customers every day for the computing power they supplied, in bitcoin or, if they chose, in Chinese yuan. These are payments to the pool’s miners, separate from the transactions confirmed inside the block. Its blocks carried the tag “E2M & BTC.TOP”, naming BTC.TOP, a larger Chinese pool, beside its own initials; no explanation of the link was found.

In May 2021 China’s government said it would crack down on bitcoin mining, and BTC.TOP said it was suspending its business in China. WAYI.CN’s last block came on 26 June 2021. Easy2Mine says that, facing “China’s new policy”, it had to look elsewhere: that year it opened offices in the United States, Kazakhstan and Singapore, and in 2022 it moved its headquarters to Singapore. It now sells mining machines and looks after other people’s. No announcement that the pool had closed was found.