Binance Pool Now Supports Merged Mining, Enabling Miners to Earn Fractal Bitcoin (FB) Rewards Alongside Bitcoin (BTC)

Fractal Bitcoin is a Bitcoin scaling solution that operates as a layer 2 side-chain, utilizing the secure Bitcoin core code to scale unlimited layers on

Binance Pool has announced the integration of merged mining, allowing users to simultaneously mine Bitcoin (BTC) and Fractal Bitcoin (FB). This feature will be available to Binance Pool users from November 18, 2024.

Miners can now earn FB rewards in addition to BTC while mining through Binance Pool. However, it's important to note that Fractal Bitcoin is not yet listed on Binance's exchange. To receive FB rewards, users will need to configure an external wallet.

To start mining Fractal Bitcoin with Binance Pool, follow these steps:

Log into your Binance Pool account.

If you don't have an account, you can create one here.

Once logged in, click on the "Bitcoin" tab.

On this page, you will find all the necessary information about mining BTC with Binance Pool.

To begin, click on the "Create Mining Sub-account" button.

Enter a name for your sub-account and click on the "Create" button.

Now, you will need to configure your mining setup. To do this, click on the "Configure" button next to the "Mining Workers" section.

On this page, you will find all the necessary information about setting up your mining workers.

Enter the following information:

Worker Name: Give your worker a name.

Algo: Select SHA256 from the drop-down menu.

URL: Enter the stratum URL provided by Binance Pool.

Port: Enter the stratum port provided by Binance Pool.

Password: Enter a password for your worker.

After entering all the required information, click on the "Save" button.

Now, you can start mining BTC and earning FB rewards. To do this, simply send your workers to the stratum URL provided by Binance Pool.

Once your workers have started mining, you can check their hashrate under the "Workers" section and their earnings under the "Earnings" section.

Earnings will be paid out according to the Pay-Per-Last-N-Shares (PPLNS) payout model with a minimum threshold of 0.1 FB for withdrawals. To ensure you don't lose any earnings, please make sure your wallet can handle transactions above this limit.

Miners whose daily computing power meets Binance Pool's VIP level criteria (20 Ph/s to 4,000 Ph/s) can apply for VIP privileges, which include enhanced benefits.

To learn more about Binance Pool's merged mining feature, click here.

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