At Extreme Investor Network, we are excited to share the latest news from the world of cryptocurrency. Binance Pool has recently introduced merged mining for Bellscoin (BEL), allowing users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and BEL. This innovative feature opens up new opportunities for crypto enthusiasts looking to maximize their mining efforts and potential earnings.
To get started with Binance Pool’s merged mining service, users simply need to follow a few steps. First, log in to a verified Binance account and register for a Binance Pool account. Then, start mining LTC from September 29, 2024, following the detailed guide available on Binance’s official FAQ. Add an external wallet address to your Binance Pool account, monitor the current hashrate, and check your earnings from the Workers and Earnings sections.
It’s important to note that while BEL is currently not listed or tradable on Binance.com, the launch of BEL mining does not guarantee a future token listing on the platform. BEL uses a Pay Per Last N Shares (PPLNS) payout model with a minimum payout of 1 BEL, and earnings will depend on the actual output of the mining pool. Users must configure a BEL address to receive mining rewards and ensure the payout address can handle transactions of at least 1 BEL.
In terms of eligibility for rewards, users must have a verified Binance account and provide a valid third-party address in their Binance Pool account to receive BEL rewards. Binance reserves the right to disqualify participants who tamper with the program code or interfere with its operations, and in case of discrepancies, the original English version of the announcement will prevail.
It’s important to remember that digital asset prices are subject to high market risk and volatility. Users should take responsibility for their investment decisions and seek advice from an independent financial advisor if needed. For more information, we encourage you to refer to Binance’s official announcement and stay informed about the latest developments in the world of cryptocurrency.
At Extreme Investor Network, we strive to provide valuable insights and information to help our readers make informed decisions in the ever-changing world of cryptocurrency and blockchain technology. Stay tuned for more updates and expert analysis on the latest trends and opportunities in the crypto space.