Ted Hisokawa
September 30, 2024 02:38
Binance Pool has launched Bellscoin (BEL) merge mining, allowing users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and BEL.
According to an announcement from Binance, Binance Pool has officially launched merged mining for Bellscoin (BEL), allowing users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and BEL.
How to get started
To participate in the new merged mining service, users must follow these steps:
- Log in to your verified Binance account and register a Binance Pool account.
- Start mining LTC starting September 29, 2024. Detailed guidance can be found in Binance’s official FAQ.
- Add your external wallet address to your Binance Pool account.
- Monitor the current hash rate in the workers section.
- Check your earnings in the Earnings section.
Important note
- BEL is not currently listed or tradable on Binance.com. The start of BEL mining does not guarantee that tokens will be listed on the platform in the future.
- BEL uses a Pay Per Last N Shares (PPLNS) payment model with a minimum payout of 1 BEL.
- Earnings depend on the actual production of the mining pool and are not affected by LTC or DOGE earnings.
- To receive mining rewards, users must configure a BEL address. If you do not have a payment address, your balance will not accumulate any earnings.
- To avoid losses, make sure your payment address can handle transactions of at least 1 BEL.
Terms of Use
- Users must have a verified Binance account to receive rewards.
- To receive BEL rewards, users must provide a valid third-party address in their Binance Pool account.
- Binance reserves the right to disqualify any participant who tampers with the program code or disrupts its operations.
- In case of any discrepancies, the original English version of the Notice shall control.
Binance emphasized that digital asset prices may be subject to high market risk and price volatility. Users take full responsibility for their own investment decisions and should consult an independent financial advisor when necessary. For more details, please refer to Binance’s official announcement.
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