Binance Pool has recently rolled out Luckycoin (LKY) merged mining, enabling miners to earn rewards in Litecoin (LTC), Dogecoin (DOGE), Bellscoin (BEL), and Luckycoin (LKY) while mining Litecoin. For a limited time starting from December 10, 2024, 00:00 UTC, until December 31, 2024, 23:59 UTC, Binance is offering zero pool fees for Luckycoin mining.
To get started with Luckycoin (LKY) mining on Binance Pool, users must first have a verified Binance account and register for Binance Pool. Mining Litecoin (LTC) will commence on December 10, 2024, and users can refer to Binance’s FAQ for a step-by-step guide on how to mine LTC. Additionally, users need to connect an external wallet address to their Binance Pool account following the provided FAQ instructions. It is crucial for users to monitor their current hashrate and earnings under the “Workers” and “Earnings” tabs, respectively.
It is important to note that Luckycoin (LKY) and Bellscoin (BEL) are not currently tradable on Binance.com, and their availability for mining does not guarantee future token listings. Luckycoin utilizes a PPLNS payout model with a minimum payout of 1 LKY, and earnings are based on the actual mining pool output.
Users who meet Binance Pool VIP hashrate requirements can apply for VIP status by contacting [email protected]. To receive rewards, users must configure a valid LKY address, as earnings will not accumulate without it. Payout addresses must be able to accept at least 1 LKY to prevent any losses. It is worth mentioning that LKY earnings are separate and will not affect LTC, DOGE, or BEL rewards.
This initiative highlights Binance Pool’s dedication to offering enhanced mining opportunities and supporting both new and existing cryptocurrencies. By mining LTC on Binance Pool, users can earn additional rewards in LKY and other tokens, thereby maximizing their mining efforts.
In other news, Binance has relaunched its Web3 Wallet with a $5 million Airdrop Carnival, further emphasizing its commitment to providing innovative solutions to its users.