Binance launches its mining pool! And it’s free

Binance cryptocurrency exchange has finally launched its mining pool. It’s called Binance Pool and it’s a new service that is based on both Proof of Work (PoW) and, surprisingly, Proof of Stake (PoS). It is therefore a comprehensive package of services that can be used by virtually anyone.

Binance Pool: Mining pool for everyone

Changpeng Zhao announced his intention on April 1, the holiday of April, which is especially popular in western Europe and the United States. He received criticism for his inappropriately chosen date. However, this did not stop him, and a few days ago he showed the first mined block. He shared his enthusiasm on Twitter and it was Bitcoin.

Binance published a post on its website:

Binance Pool aims to complete with the existing Binance exchange by offering users access to mining services. The money obtained from mining can be traded directly at the Binance exchange office. Direct access to P2P exchange offices is also possible.

Cryptocurrency exchange also launched promotion. There is no additional charge for the service until the first of June. So you only pay directly the price for your share.

Initially, the service will only offer Bitcoin mining. Additional cryptocurrencies are added later.

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