Binance Pool Launches Merged Mining of Litecoin with Dogecoin and Bellscoin

Binance Pool Launches Merged Mining for Litecoin, Dogecoin, and Bellscoin

Binance Pool has introduced a merged mining feature for Litecoin (LTC) with Dogecoin (DOGE) and Bellscoin (BEL). This feature allows miners to earn rewards in all three currencies concurrently, maximizing their profitability.

Merged mining utilizes the same algorithm to mine multiple cryptocurrencies simultaneously. Miners can now mine LTC while earning rewards in both DOGE and BEL. Binance has set a minimum payout of 1 BEL for merged mining.

Binance notes that while BEL is available for mining, it is not yet listed on the exchange. Miners are advised to consider this when making mining and trading decisions.