Binance Pool Introduces Merged Mining with Bellscoin

Binance Pool Launches Merged Mining for BEL with Rewards in LTC, DOGE, and BEL

Binance Pool has introduced merged mining for Bellscoin (BEL), allowing miners to earn rewards in LTC, Dogecoin (DOGE), and BEL while mining Litecoin (LTC). The service became available on September 29, 2024, presenting miners with opportunities to diversify their earnings.

Key Points:

• BEL is not currently listed on Binance, and mining does not ensure future listing.
• Miners must have a verified Binance account and register with Binance Pool to participate.
• The PPLNS (Pay Per Last N Shares) payout model determines rewards based on miner contributions.
• BEL rewards require a configured payout address.
• Miners have the option to apply for VIP status based on hashrate thresholds for additional rewards.

Background on BEL and Historical Connection to Dogecoin:

BEL, created by Dogecoin developer Billy Markus, precedes Dogecoin by eight days. This shared history adds an intriguing connection between the currencies.