Binance Pool Launches Merged Mining of Litecoin with Dogecoin and Bellscoin

CoinMarketCap
2024-10-01

Binance Pool has announced the launch of a merged mining feature for Litecoin (LTC) with Dogecoin (DOGE) and Bellscoin (BEL), allowing miners to earn rewards in three currencies simultaneously. This is a significant update for users aiming to maximize their profitability.

Merged mining enables the use of the same algorithm to mine multiple cryptocurrencies. Now, miners can mine LTC while simultaneously receiving rewards in DOGE and BEL. According to Binance's statement, the minimum payout is 1 BEL.

Binance emphasized that although BEL is available for mining, the token has not yet been listed on the exchange. Users should take this into account when making mining and trading decisions.

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