George Miller
Binance Pool has launched merged mining for Luckycoin (LKY), allowing miners to mine Litecoin (LTC) while also earning rewards in LTC, Dogecoin (DOGE), Bellscoin (BEL), and Luckycoin (LKY). For a limited time, from December 10, 2024, through December 31, 2024, Binance will not charge any pool fees for Luckycoin mining.
Mining Luckycoin (LKY) on Binance Pool:
- First, ensure you have a verified Binance account and sign up for Binance Pool to start LKY mining.
- Commence mining Litecoin (LTC) beginning December 10, 2024, by following the step-by-step instructions in Binance’s FAQ.
- Link an external wallet address to your Binance Pool account using the guidance in the FAQ.
- Monitor your current hashrate in the “Workers” section and your earnings under “Earnings.”
According to the announcement, Luckycoin (LKY) and Bellscoin (BEL) are not available for trading on Binance.com as of now, and their mining availability does not imply future listings.
Additionally, it is mentioned that “Luckycoin follows a PPLNS payout structure with a minimum payout threshold of 1 LKY.” Earnings are determined by the actual output of the mining pool.
Miners who meet the VIP hashrate thresholds can request VIP status by contacting [email protected].
It is essential for users to set up a valid LKY address in order to receive rewards; without this, no earnings will be recorded. Additionally, ensure that the payout addresses can accept at least 1 LKY to prevent losses. Note that earnings from LKY are distinct and will not influence LTC, DOGE, or BEL rewards.
This initiative highlights Binance Pool’s endeavor to enhance mining opportunities while supporting both new and established cryptocurrencies. Start mining LTC now to earn extra rewards in LKY and additional tokens.