Binance Launches Bitcoin Cash (BCH) Mining Service: BCH Up 6%!
Big news for crypto miners! Binance has officially launched its Bitcoin Cash (BCH) mining service, sending waves through the market. The price of BCH has seen a significant jump, up 6% following the announcement. Here's what you need to know:
Binance Pool Enters the Bitcoin Cash Mining Arena
On Thursday, July 27th, Binance’s mining arm, Binance Pool, announced the launch of its Bitcoin Cash mining service. This service opens up new opportunities for miners looking to capitalize on the BCH network.
FPPS Settlement Method for Transparent Rewards
Binance Pool is pleased to announce the launch of the Bitcoin Cash (BCH) mining service, which utilizes the FPPS (Full Pay-Per-Share) settlement method. This ensures miners receive a fair and predictable share of the block rewards.
The Bitcoin Cash mining service uses the FPPS [Full Pay-Per-Share] settlement method. Mining rewards will be automatically credited to users’ Binance accounts, simplifying the payout process.
Expanding Binance Pool's Mining Capabilities
Binance Pool already supports Bitcoin (BTC) and Bitcoin Satoshi Vision (BSV). The addition of BCH demonstrates Binance's commitment to providing a comprehensive mining platform for various cryptocurrencies. Binance Pool launches the Bitcoin Cash (BCH) mining service. BCH utilizes the Full-Pay-Per-Share (FPPS) settlement method. Mining rewards will be automatically credited to users’
Why is Binance Launching BCH Mining?
The mining service could be a way for Binance to acquire more BCH to help bolster their reserves. The BCH mined by users flows to Binance, giving them an additional source of coins. This strategic move allows Binance to strengthen its position within the Bitcoin Cash ecosystem.
Get Started with Binance BCH Mining Today!
Don't miss out on this exciting opportunity to mine Bitcoin Cash with Binance Pool and take advantage of the FPPS settlement method. Explore the new service and boost your mining potential!