Binance Exchange Opens Mining Pool …

Binance Exchange Opens Bitcoin Mining Pool

Binance cryptocurrency exchange opens its own mining pool, the computing power of which will be used to mine bitcoin. Binance CEO Changpeng Zhao confirmed this information on his Twitter.

“Yes, Binance will be launching its mining pool soon,” he wrote. – Image from the first live stream of #BinanceMiningPool is now being shared with the Chinese community. “.

Zhao refrained from disclosing more detailed information, only noting that this was not an April Fools’ rally. “We didn’t choose the day. It just so happened that this announcement was ready today, “he explained..

According to CoinDesk, Binance is already offering “generous” referral bonuses to potential clients among miners in China for promoting its new service..

Currently, exchanges such as OKEx and Huobi have their own mining pools. According to Blockchain.com, they are among the top 10 largest Bitcoin mining pools.

Binance Exchange Opens Mining Pool ...

Alejandro de la Torre, vice president of the second largest Bitcoin mining pool Poolin, is confident that exchanges come to this business for liquidity, since mining is the cheapest way to add liquidity to the trading platform..

Earlier it became known that Binance may acquire crypto-tracking portal CoinMarketCap for $ 400 million.

Binance Exchange Opens Mining Pool ...

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