Express

Binance Launches Mining Pool Service With Initial Focus On Bitcoin

Ramsey Baker

Summary: Binance, one of the top cryptocurrency exchanges, officially launched its mining pool service. According to an announcement on Monday, the initial offering will focus on bitcoin using Full Pay-Per-Share, or FPPS. Utilizing this method, revenue from the block reward, currently 12.5 BTC, as well as some of the transaction fees are shared among pool participants. ...

Binance, one of the top cryptocurrency exchanges, officially launched its mining pool service.

According to an announcement on Monday, the initial offering will focus on bitcoin using Full Pay-Per-Share, or FPPS. Utilizing this method, revenue from the block reward, currently 12.5 BTC, as well as some of the transaction fees are shared among pool participants. Future offerings will concentrate on both proof-of-work and proof-of-stake based networks.

By Ramsey Baker

Last Update:

Tags: ,,,,
Link: Binance Launches Mining Pool Service With Initial Focus On Bitcoin   [Copy]
Next:

Related Articles

  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 8 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 25 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 29 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? September 16, 2025
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025

    • You need to login to comment.