Binance Pool Introduces Merged Mining for LTC, DOGE, and Bellscoin (BEL)

According to Binance.com, Binance Pool announced the launch of merged mining for Bellscoin (BEL). This allows miners to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and Bellscoin (BEL).

How to get started

To participate in this merged mining scheme, users must follow these steps:

1. Log in to your verified Binance account and register a Binance Pool account.
2. Start mining LTC starting September 29, 2024 by following the step-by-step guide available on the Binance FAQ page.
3. Add your external wallet address to your Binance Pool account.
4. Monitor the current hashrate through the ‘Workers’ section.
5. Check your earnings through the ‘Earnings’ section, where you can find detailed instructions in our FAQ.

Important note

• Bellscoin (BEL) is not currently listed or tradable on Binance.com and mining does not guarantee future listing.
• Bellscoin (BEL) uses a Pay Per Last N Shares (PPLNS) payout model with a minimum payout threshold of 1 BEL.
• Bellscoin (BEL) earnings are separate from LTC and DOGE earnings.
• To receive mining rewards, users must configure a Bellscoin (BEL) address. Otherwise, your income will not accumulate.
• To avoid losses, make sure your payment address can handle transactions of at least 1 BEL.

Terms of Use

• To receive rewards, users must have a verified Binance account.
• To receive Bellscoin (BEL) rewards, you must provide a valid third-party address in your Binance Pool account.
• Binance reserves the right to disqualify any participant who tampers with Binance program code or disrupts its operations.
• In case of any discrepancies between the translated version and the original English version, the original version shall prevail.

Binance Pool’s new merged mining initiative is an important step toward offering multiple mining rewards and supporting the growth and adoption of multiple cryptocurrencies through a single mining process.

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