Binance to launch its own Bitcoin mining pool

Binance to launch its own Bitcoin mining pool

By ManBad | ManBads | 1 Apr 2020


Binance CEO Changpeng Zhao tweeted on Wednesday, April 1st that there is a Binance mining pool coming soon.

With it being April first he quickly responded quite humorously to the tweet stating "Not a April fools joke."

Binance is following suite to other exchanges also opening pools late last year. 

Coindesk also reports that they have already been contacting potential clients and offering them very generous referral bonuses. In the same article Alejandro de la Torre says that one of the main motivations to add the ability to mine on an exchange is liquidity.

Coinlife also writes that the pool is expected to be released Q2 2020


ManBad
ManBad

Crypto amateur enthusiast, music lover and aspiring journalist.


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