Binance Pool Launches Cloud Mining Service

The mining pool Binance Pool, owned by the largest cryptocurrency exchange Binance, has announced the launch of a new, but already available to order service - cloud mining services.

According to Binance Pool, users who do not have access to the mining operation equipment, can profit from the mining of cryptocurrencies. To do this, they must subscribe to a cloud mining service and purchase the required amount of hashrate, after which they will be able to receive the mined bitcoins to their wallet.

At the same time, only users who have passed verification on the exchange have access to the cloud mining service on Binance Pool.

Binance representatives report that a fee of 2,5% from the mining pool and another 1,5% for management will be introduced for using the service. However, between November 22 and December 22, 2022, the administrative fee will be zeroed to attract new users and increase their profits.

Recall that on November 20 there was a new recalculation of the complexity of BTC mining. The indicator increased by 0,51% and reached a new historical record. Given the significantly weakened Bitcoin interest rate, this puts the entire mining industry at risk.