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Cryptocurrency Ecosystem => Crypto Exchanges => Binance => Topic started by: Tnoy30 on June 23, 2020, 02:18:47 AM

Title: Binance Adds Profit Maximization Service to Its Mining Pool
Post by: Tnoy30 on June 23, 2020, 02:18:47 AM

Binance has a new system for helping miners automatically mine the most profitable coins.
Shortly after the launch of its own cryptocurrency mining pool, Binance is adding specialized features to it to help miners make more money.

Earlier this month, Binance Pool launched a new feature called “Smart Pool.” It lets miners automatically switch hash rates to mine the most profitable of three supported coins based on the SHA- 256 algorithm — either Bitcoin (BTC), Bitcoin Cash (BCH) or Bitcoin SV (BSV).
Lisa He, head of Binance Pool, explained that Smart Pool detects the difficulty in different chains using the same algorithm, and it “helps users transfer their computing power to chains with less difficulty and higher rewards.”
Read on: https://cointelegraph.com/news/binance-adds-profit-maximization-service-to-its-mining-pool