Express

Cryptocurrency Exchange Binance Is Preparing To Launch Its First Bitcoin Mining Pool

Ramsey Baker

Summary: Binance, the popular cryptocurrency exchange, is preparing to launch its own mining pool, according to Russian cryptocurrency news publication Coinlife. The report, which was confirmed by Binance CEO Changpeng (CZ) Zhao in a tweet on Wednesday, also states that the company has already hired employees for this purpose. Some of the new hires are reportedly ...

Binance, the popular cryptocurrency exchange, is preparing to launch its own mining pool, according to Russian cryptocurrency news publication Coinlife.

The report, which was confirmed by Binance CEO Changpeng (CZ) Zhao in a tweet on Wednesday, also states that the company has already hired employees for this purpose. Some of the new hires are reportedly former Bitmain employees. The article also claims that the launch is currently planned for the Q2 of 2020.

By Ramsey Baker

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 11 days ago
  • You need to login to comment.