Binance exchange opens a mining pool for bitcoin mining
Binance cryptocurrency exchange opens its mining pool, the computing power of which will be used to mine bitcoin. Binance CEO Changpen Zhao confirmed this on Twitter.
“Yes, Binance will launch its mining pool soon,” he wrote. “The image from the first #BinanceMiningPool live broadcast is now being distributed to members of the Chinese community.”
Zhao refrained from disclosing more detailed information.
According to CoinDesk, Binance already offers “generous” referral bonuses to potential customers among miners in China who are invited to engage in promoting its new service.
Currently, exchanges such as OKex and Huobi have their mining pools. According to Blockchain.com, they are in the top 10 largest Bitcoin mining pools.
Alejandro de la Torre, vice president of the second-largest mining pool of Bitcoin, Pooling, is sure that exchanges come into this business for liquidity since mining is the cheapest way to add liquidity to a trading platform.
Earlier it became known that Binance may acquire the crypto-tracking portal CoinMarketCap for $ 400 million.
Binance cryptocurrency exchange opens its mining pool, the computing power of which will be used to mine bitcoin. Binance CEO Changpen Zhao confirmed this on Twitter.
“Yes, Binance will launch its mining pool soon,” he wrote. “The image from the first #BinanceMiningPool live broadcast is now being distributed to members of the Chinese community.”
Zhao refrained from disclosing more detailed information.
According to CoinDesk, Binance already offers “generous” referral bonuses to potential customers among miners in China who are invited to engage in promoting its new service.
Currently, exchanges such as OKex and Huobi have their mining pools. According to Blockchain.com, they are in the top 10 largest Bitcoin mining pools.
Alejandro de la Torre, vice president of the second-largest mining pool of Bitcoin, Pooling, is sure that exchanges come into this business for liquidity since mining is the cheapest way to add liquidity to a trading platform.
Earlier it became known that Binance may acquire the crypto-tracking portal CoinMarketCap for $ 400 million.