Binance Pool Launches Merged Mining for LTC, DOGE, and BEL

According to Binance.com, Binance Pool has launched merged mining for Bellscoin (BEL), enabling users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and Bellscoin (BEL).

Getting Started

To get involved in this merged mining program, users should follow these steps:

1. Log in to a verified Binance account and sign up for a Binance Pool account.
2. Commence mining LTC beginning September 29, 2024, using the step-by-step guide available on Binance’s FAQ page.
3. Include an external wallet address in the Binance Pool account.
4. Keep track of the current hashrate via the ‘Workers’ section.
5. Review earnings through the ‘Earnings’ section, with detailed instructions provided in the FAQ.

Key Information

• Bellscoin (BEL) is not presently listed or tradable on Binance.com, and mining it does not assure a future listing.
• Bellscoin (BEL) operates on a Pay Per Last N Shares (PPLNS) payout system with a minimum payout threshold of 1 BEL.
• Earnings from Bellscoin (BEL) are distinct from those of LTC and DOGE.
• Users need to configure a Bellscoin (BEL) address to receive mining rewards; otherwise, earnings will not accumulate.
• Make sure the payout address can process transactions of at least 1 BEL to prevent any losses.

Terms and Requirements

• Users must have a verified Binance account to qualify for rewards.
• A valid third-party address must be included in the Binance Pool account to receive Bellscoin (BEL) rewards.
• Binance retains the right to exclude participants who manipulate Binance program code or disrupt its operations.
• In case of discrepancies between translated versions and the original English version, the original English version shall take precedence.

The newly introduced merged mining initiative by Binance Pool signifies an important advancement in offering diverse mining rewards, fostering the growth and acceptance of various cryptocurrencies through a unified mining approach.

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