May 2, 2024

Binance mining pool found the first block in the Bitcoin network

The recently launched Binance mining pool has mined its first block, company CEO Changpen Zhao said.

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The indicated block is numbered 627,434 and was mined in13:31 UTC. Most block browsers still display the pool that found it as Unknown, but information about the Binance pool that got it can be found in the Coinbase transaction.

That Binance plans to launch its own bitcoin mining pool, Changpeng Zhao first reported in early April.

“We are still in closed beta mode. We will start soon. As usual, the lowest commissions among all mining pools ”,&#8212; he wrote in today's post.

OKEx and Huobi exchanges also have their own mining pools - both of them are among the ten largest producers of bitcoin. The leaders are F2Pool and Poolin, and BTC.com is in third place.

Binance mining pool found the first block in the Bitcoin network

Data: blockchain.com

Recall, on ForkLog, a special project “Everything You Need to Know About Bitcoin Mining”, dedicated to the bitcoin halving, which will be held in May this year, has started.