Binance Pool has recently introduced merged mining, allowing miners to earn rewards in Fractal Bitcoin (FB) while mining Bitcoin (BTC). Fractal Bitcoin operates as a layer 2 side-chain scaling solution, using secure Bitcoin core code to scale unlimited layers on top of the blockchain. Starting November 18, 2024, Binance Pool users can access this feature, requiring them to configure an external wallet to receive FB payouts.
To start mining Fractal Bitcoin, verified Binance users can log into their Binance Pool accounts, create a Binance Bitcoin mining Pool account, and configure their mining setup. By following a step-by-step guide to add an external FB wallet address, miners can track their hashrate and earnings seamlessly. However, a minimum payout threshold of 0.1 FB must be met, and earnings will follow a Pay-Per-Last-N-Shares (PPLNS) payout model.
Binance Pool merged mining presents an opportunity for miners, as they can earn FB rewards alongside BTC without the immediate plan to list FB on the Binance exchange. Compliance is crucial, and users are cautioned against violating terms to avoid disqualification. Additionally, miners meeting VIP level criteria can apply for VIP privileges, enhancing their benefits within the Binance Pool ecosystem.
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Rexas Finance’s innovative strategies maximize profits, enable diverse trading across multiple chains, and invest in decentralized real estate. This presents unique opportunities for early-stage cryptocurrency investors seeking to capitalize on the dynamic market. Whether participating in Bitcoin mining or exploring DeFi platforms like Rexas Finance, Binance Pool merged mining expands new opportunities for those adapting to the evolving crypto landscape.
