Binance Rolls Out Litecoin and Dogecoin Mining Pools
Main page News, Mining, Litecoin, Dogecoin, Binance

Binance Pool, the exchange's mining subsidiary, has launched the launch of mining pools for litecoin (LTC) and dogecoin (DOGE). According to an announcement, the mining pools will adopt the PPS (Pay Per Share) settlement method.

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There is no minimum payment threshold for LTC or DOGE, and the mining proceeds will be sent to a user's wallet on Binance. The exchange also said the pool will not charge any fees for LTC mining until December 8, 2021.

Ethereum's Largest Mining Pool Sparkpool Suspends Services

As iHodl earlier reported, one of the top five ether mining pools BeePool closed its services as China intensified its fight against the cryptocurrency market. The pool suspended its services on Oct. 15, 2021. BeePool was the fourth-largest ether mining pool in terms of hashrate, according to Mining Pool Stats.

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