Setting up BTC mining on the Binance pool: guide

Main coins available in the pool

Initially, in addition to the traditional PoW mining of digital gold, the Binance Pool supported the staking of EOS, GXS and Tezos tokens. Subsequently, a pool for the extraction of the Ethereum cryptocurrency was opened. The popular Binance brand guarantees the rapid development of the pool.

At the time of launch on 27.04. In 2020, the Binance pool SHA-256 hashrate was 1.74 EH / s, by February 26, 2021, it had already reached 18.69 EH / s. The total number of miners is 319,245.

Following the BTC / BCH / BCS pool, the administration of the exchange launched a server for collective mining of the Ethereum cryptocurrency. I must say that many miners were looking forward to this, because only this pool supports a unique scheme of daily reward payments. And although on the air Binance pool is still in 11th place, the income of miners here is no worse than Ethermine, Nanpool or any other solid service. You can find a detailed overview of ethash.poolbinance.com on our website by following the link https://altcoinlog.com/mining-ethereum-na-binance-pool/. It covers in detail the setting of gpu farms, as for ASICs, the scheme for launching these mining machines on any pool is approximately the same.

You just need to buy a model designed to work on the mining algorithm you need and enter the pool coordinates and the address for payments in the settings window. Now we will tell you how to set up an ASIC miner to mine Bitcoin on Binance. The procedure for setting up ASIK for Ether is almost identical.