The largest crypto exchange has launched cloud mining

  • 20:55 Nov 22, 2022
  • 135
The largest crypto exchange has launched cloud mining

Clients of the Binance mining pool became available for BTC mining in the cloud. The leading crypto exchange told about it on its Twitter account.

Source: Twitter

For those who register within 30 days, there is no management fee. After that, the fee will be 1.5%, and there will be a 2.5% fee for cryptocurrency mining.

The pool's official page states:

Binance's Cloud Mining helps you forget about buying equipment and finding space to host devices. Now you can entrust maintenance and operation to a reliable partner.

The service was announced last month at the same time as the announcement of the creation of a fund that can help fund miners who are experiencing difficulties. After the launch of cloud mining, Binance becomes a competitor of Bitdeer. Recall that this company was taken over by Jihan Wu after he left Bitmain. Bitdeer also announced an investment project to buy distressed assets of mining companies.

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