Ethereum (ETH) occurring in September Merge with the upgrade ETH network switched from PoW to PoS.
With this transition, the world’s largest crypto money exchange, while miners are looking for other tokens besides ETH. Binance’s mining pool service Binance PoolA new move has come from.
Stating that new tokens have been added for mining in its blog post, Binance Pool added to its list. Ravencoin (RVN) announced the addition.
Binance used the following statements in its announcement:
“Binance Pool has officially launched the RavenCoin (RVN) mining service using the PPS+ settlement method.
Mining fees for the RavenCoin mining pool are set at 1%.
Users must have verified accounts in order to join the RavenCoin mining pool.”
Having to find new ways to make money using GPUs since ETH’s transition to PoS, miners have since Ethereum Classic (ETC), Ravencoin (RVN), and Beam (BEAM) started to show interest in tokens such as
As it will be remembered, Binance Pool launched a $500 million fund in October to lend money to miners who had troubled times in a market where many miners had difficulty paying their debts.
After Binance’s Ravencoin announcement, RVN rose in price by about 20%.
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