Binance Pool has expanded its offerings by officially introducing merged mining for Junkcoin (JKC) and Pepecoin (PEP). This update enables miners to mine Litecoin (LTC) while earning additional rewards in LTC, DOGE (Doge), BELLS (Bellscoin), LKY (Luckycoin), JKC, and PEP simultaneously.
How to Start Merged Mining:
Log In and Register: Use your verified Binance account to register for a Binance Pool account.
Mine Litecoin (LTC): Follow the detailed steps in the Binance FAQ on Litecoin Mining.
Add an External Wallet: Configure your payout address using the Binance FAQ guide.
Monitor Your Performance:
Key Details About Merged Mining:
Eligibility for VIP Status: Users with a qualifying hashrate can apply for VIP benefits by contacting poolvip@binance.com.
Non-Listed Tokens: JKC, PEP, BELLS, and LKY are not currently tradable on Binance.com. Mining these tokens does not guarantee future listing on the exchange.
Payout Thresholds:
Minimum payouts: 1 BELLS, 5 JKC, 1 LKY, and 20,000 PEP.
Payout addresses must be configured for respective tokens to accumulate rewards.
Earnings Independence: LTC earnings are separate and unaffected by earnings from DOGE, BELLS, LKY, JKC, and PEP.
Important Notes for Users:
Ensure your payout wallet supports the specific tokens to avoid potential loss of rewards.
Earnings below the minimum payout thresholds will remain in users’ balances until thresholds are met.
