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Home»ALTCOIN NEWS»Binance Pool Announces Rewards for Mining Services for Altcoin Project Created by Dogecoin (DOGE) Founder Billy Markus
ALTCOIN NEWS

Binance Pool Announces Rewards for Mining Services for Altcoin Project Created by Dogecoin (DOGE) Founder Billy Markus

By Crypto FlexsOctober 1, 20242 Mins Read
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Binance Pool Announces Rewards for Mining Services for Altcoin Project Created by Dogecoin (DOGE) Founder Billy Markus
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Binance’s mining pool platform announced that it is now distributing rewards denominated in the memecoin created by Dogecoin (DOGE) creator Billy Markus.

Binance Pool has announced that it has now begun merged mining for Bellscoin (BEL).

Users of the mining platform can now mine Litecoin and receive rewards in LTC, BEL or DOGE.

According to the project website, Markus created the Animal Crossing-inspired Bellscoin in 2013, eight days before Dogecoin launched. It was revived in 2023.

Describes the Bellscoin website.

“Belscoin has nothing to do with Nintendo’s ‘Animal Crossing.’ This coin is simply a tribute to the meme we all love and recognize. Bells are meme coins with no intrinsic value or expectation of monetary return. There is no formal team or roadmap. “The coins have absolutely no value and are only used for entertainment purposes.”

Despite being offered as a mining reward, Bellscoin is not currently listed for trading on Binance.

BEL is trading at $0.903 at the time of this writing. The 721st-ranked cryptocurrency asset by market capitalization has fallen more than 5% in the past 24 hours.

DOGE is trading at $0.115 at the time of this writing. The 9th largest cryptocurrency by market capitalization fell more than 8.5% over the past day.

LTC is trading at $66.73 at the time of this writing. The 25th-largest cryptocurrency asset by market capitalization is down nearly 4% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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