Binance Pool has announced a new update: merged mining for Fractal Bitcoin (FB), a layer 2 Bitcoin scaling solution. Users can now mine Bitcoin (BTC) and receive rewards in Fractal Bitcoin. However, purchasing FB on Binance is currently not available. Fractal Bitcoin, a layer 2 side-chain scaling solution, offers high scalability while maintaining Bitcoin's security and decentralization. The Fractal Mainnet, launched in September, aligns with Bitcoin's original ethos. It integrates features like OP_CAT and PLONK as a Layer 2 solution on Bitcoin's blockchain. Binance Pool users interested in mining Fractal Bitcoin can manage their performance and earnings on the platform. Rewards follow the PPLNS model with a payout floor of 0.1 FB. Binance also offers a VIP tier system based on mining performance. The partnership between Binance Pool and Fractal Bitcoin sets the stage for advancements in layer 2 technologies within the cryptocurrency space. Read more AI-generated news on: https://app.chaingpt.org/news

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