Binance Pool is one of the newer highly growing Bitcoin pools. It is operated by the largest crypto exchange Binance, which beside exchange with hundreds of tokens and coins also runs several cutting edge products in the crypto world. Besides Bitcoin (BTC) mining, Binance Pool also supports Bitcoin Cash (BCH) and Bitcoin Satoshi Vision (BSV) mining. The 24h earnings are deposited directly into the Binance Mining Pool wallet at 08:00 (UTC+8) on the current day. The fees are from 0.5% to 2.5%. The payout reward scheme used on Binance Pool is FPPS.
In this article, we will show you how to configure your ASIC to mine on Binance Pool.
First, open the address editor and add a new tag (POOL:BTC-BINANCE) which will hold the Binance Pool stratum address. There are several ports available, so choose one of the following stratum addresses:
Next, save the tag (WALLET:BINANCE) under wallets with your Binance Pool's username.
In the next step, navigate to your worker's config. The selected default mining client will be ASIC and once your ASIC connects the config will be loaded there. You can just replace the found pools and user values with the ones you have created in the previous step or you can use some of the following templates.
Before using the templates, make sure that the config is really compatible with your ASIC model and that the technical vales, such as frequencies are correct.
Bitmain's Antminer example
Currently, you can't monitor your balance on the Binance pool directly, but you can add your BTC wallet to wallet balance monitoring.
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