What is Binance pool?

Lilly Wilson - Sep 6 - - Dev Community

Users can profit from cryptocurrency mining using a platform called Binance Pool. It offers a relatively simple way to access mining pools, and allows you to invest the profits generated by mining. You can create several mining accounts to connect different mining equipment. This site provides a wealth statistical data about mining profits, hash rate, dates of mining and other details. This service uses the Proof of Work algorithm to generate revenue by mining cryptocurrency.

  • Pool Fee: 2.5%

  • BTC Pool Hashrate : 23.86 EH/s

  • Reward Distribution Method : FPPS+, PPS, and PPS

  • Supported Hardware: ASIC, GPU

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