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Binance’s mining pool Binance Pool on Thursday mentioned it can assist the Ethereum Classic (ETC) as Ethereum switches to proof-of-stake (PoS) after the Merge. Also, Binance Pool is providing “zero” mining charges service for ETC mining till October 9.

Binance Pool Launches Zero Fee Ethereum Classic (ETH) Mining

Binance Pool is among the many high mining swimming pools on this planet. Currently, Binance Pool is the Seventh-largest mining pool for ETC mining and ranks twelfth in Ethereum (ETH) mining. The mining pool will assist ETC mining as miners will grow to be out of date after the Merge.

In order to draw miners to make use of its mining pool for ETC mining, Binance Pool is providing zero charges for ETC mining from September 9 to October 9. Users want to finish identification info to be able to take part and obtain rewards of their mining account.

“All users who contribute hashrate to the ETC Pool during the Promotion Period will enjoy zero pool fees for ETC mining.”

Users can apply for VIP membership by sending an e mail to [email protected] to extend the hashrate degree. Also, customers can take pleasure in discounted charges in VIP membership.

According to the official announcement, the phrases and situations permit Binance to disqualify any members committing fraud. Moreover, Binance has the precise to cancel or modify the promotion or promotion guidelines.

Other mining swimming pools similar to Ethermine, Antpool, BTC.com, and F2Pool are additionally supporting Ethereum Classic (ETC).  Some are even providing “zero” mining charges for ETC mining. BTC.com has launched an ETC mining pool, providing 3-month of fee-free ETC mining. Meanwhile, the largest ETC mining pool F2Pool has invited miners to ETC, RVN, CFX, and different cash. F2Pool began “Zero” fee charges for ETC mining till September 30.

ETC Price Breaking Records

Ethereum Classic (ETC) worth data an enormous rally and the hash fee has hit ATH. With the Merge happening between September 13-15, the ETC worth is most certainly to skyrocket as miners switches to Ethereum Classic.

In the final 24 hours, the ETC worth has rallied practically 10%, with the present worth buying and selling above $37. Meanwhile, Ethereum (ETH) worth is buying and selling at $1,637, up 8% in a day.

Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his information about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency business for a considerable interval and is at present protecting all the most recent updates and developments within the crypto business.

The introduced content material could embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty in your private monetary loss.