Binance Pool has announced the launch of Bellscoin (BEL) merged mining, allowing users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and Bellscoin (BEL).
Binance Pool Launches Merged Mining of Bellscoin (BEL) Offering Rewards in LTC, DOGE, and BEL
Binance users can participate in this new mining option by following a few simple steps.
How to Participate
To get started, users need to:
- Log in to their verified Binance account and sign up for a Binance Pool account.
- Start mining LTC on Binance Pool by following the instructions in the “How to Mine Litecoin (LTC) on Binance” FAQ.
- Add an external wallet address to Binance Pool accounts to receive rewards. The process is explained in detail in the FAQ “How to Add an External Wallet Address to My Binance Pool Account”.
Bellscoin (BEL) Mining Rewards
Although Bellscoin (BEL) is not currently listed for trading on Binance.com, users can continue to mine it via Binance Pool.
The platform uses a PPLNS payout model with a minimum payout of 1 BEL. It is important to note that Bellscoin (BEL) earnings are separate from LTC and DOGE rewards and users must configure a Bellscoin address to receive payouts.
If no address is set, winnings will not be credited.
Binance emphasizes that the launch of Bellscoin mining does not guarantee that the token will be listed on Binance.com in the future.
However, the platform’s expansion into new merged mining opportunities reflects its effort to provide miners with diverse and profitable options.
*This is not investment advice.