Binance Pool Launches Luckycoin (LKY) Merged Mining with Zero Fees Until Year-End

  • Maxim Hash
  • 11 December, 2024 03:31
Binance Pool Launches Luckycoin (LKY) Merged Mining with Zero Fees Until Year-End

Binance Pool has announced merged mining of Luckycoin (LKY) alongside Litecoin (LTC), Dogecoin (DOGE), and Bellscoin (BEL). Until December 31, 2024, LKY mining will carry 0% fees. This fee-free window may boost miners’ profitability by an estimated 5–7%, analysts say.

Over the last 2 weeks, Binance Pool’s hash rate rose by 14%, and active miners climbed by 9%. Approximately $20 mln per month is redistributed among LTC, DOGE, and now LKY. Previously, LTC and DOGE were primary profit sources, but LKY’s addition promises revenue diversification.

Investors expect this policy to attract newcomers seeking less complex networks and shorter mining times. Overall, Binance Pool’s move reflects a trend toward broadening the range of supported tokens.

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