Current Date:April 7, 2025

Binance Pool Launches Cloud Mining

Binance Pool, launched its cloud mining service to facilitate users’ access to mining equipment.

The crisis in the cryptocurrency market continues to affect Bitcoin miners extremely negatively. Binance Pool initially announced that it would offer $500 million in loan funds for Bitcoin miners. In addition, the company is for crypto miners who cannot buy and operate their own equipment. cloud mininglaunched its product.

Binance Pool Starts Cloud Mining Service

Binance PoolAccording to a statement from , users who do not have access to mining equipment can profit from cryptocurrency mining thanks to cloud mining.

To do this, its users need to subscribe to the cloud mining service and purchase the required amount of hashrate. extracted after bitcoinThey can buy ‘s (BTC) in their wallets.

Only users verified by the exchange can access the Binance Pool cloud mining service. Binance representatives say a fee of 2.5 percent for use of the service from the mining pool and 1.5 percent for management will be levied. However, in order to attract new users and give them more profit, the administration fee November 22and 22 December 2022It is stated that it will be reset between

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