Wednesday, December 8, 2021
Home Crypto News Exchanges Binance Launches Litecoin (LTC) Mining Pool

Binance Launches Litecoin (LTC) Mining Pool

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Cryptocurrency exchange Binance announced the start of a Litecoin mining pool.


Binance Pool officially launched the Litecoin (LTC) mining service, which supports Dogecoin merged mining, at 2021-11-09 07:00 AM (UTC). LTC mining pool will adopt the PPS settlement method. Additionally, Litecoin miners will receive Dogecoin (DOGE) income according to the PPLNS mining method. There is no minimum payment threshold for Litecoin or Dogecoin, and the mining proceeds will be directly sent to your Binance mining pool wallet.

From 2021-11-09 07:00 AM to 2021-12-08 07:00 AM (UTC), all users can enjoy a 0% pool fee rate for Litecoin mining by connecting their Litecoin hash rate to Binance Pool.

Binance has also announced to support the November 14 Taproot update on the Bitcoin network.


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Ammara Mubin is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Ammara authored more than 1,000 stories for TheCryptoBasic, CryptoComes and other fintech media outlets. She is particularly interested in regulatory trends around the globe that are shaping the future of digital assets.


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