Binance Pool has announced Bellscoin (BEL) merged mining where users can earn rewards in LTC, Dogecoin (DOGE), and Bellscoin (BEL) by mining Litecoin (LTC).
Steps to Get Started:
Users need to create a Binance Pool account by logging into their verified Binance account.
They can start mining LTC on Binance Pool by following the instructions in the “How to Mine Litecoin (LTC) on Binance” FAQ.
They will need to add an external wallet address to their Binance Pool account to receive the rewards. This process is explained in detail in the “How to Add an External Wallet Address to My Binance Pool Account” FAQ.
Bellscoin (BEL) Mining Rewards
While Bellscoin (BEL) is currently not available for trading on Binance.com, users can continue to mine through Binance Pool. The platform uses a PPLNS payout model with a minimum payout of 1 BEL. It is important to note that Bellscoin (BEL) earnings are separate from LTC and DOGE rewards; users must set up a Bellscoin address to receive rewards.
If no address is configured, any rewards earned will not be credited. Binance emphasizes that the launch of Bellscoin mining does not guarantee that the token will be listed on Binance.com in the future.
