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ETHW Surges as Binance Launches Ethereum Proof-of-Work Mining Pool

From decrypt.co

Cryptocurrency exchange Binance today announced an Ethereum Proof-of-Work (ETHW) mining service for its users. Binance further announced Thursday that those who take part in the ETHW pool will not be charged a fee until October 29. Mining pools are formed when groups of crypto miners want to share resources to allow other miners to work with them and collectively have a better chance of processing a transaction. Binance gives its users the chance to join pools with a service called Binance Pool. {tweet} ETHW surged at the news: the cryptocurrency at the time of writing was trading for $12.21, a 12% increase over the ... (full story)

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  • Category: Fundamental Analysis