Technology

Binance mining pool found the first block in the Bitcoin network

The just lately launched Binance mining pool has mined its first block, firm CEO Changpen Zhao mentioned.

The indicated block is numbered 627,434 and was mined at 13:31 UTC. Most block browsers nonetheless show the pool that found it as Unknown, however details about the Binance pool that received it may be found in the Coinbase transaction.

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

“We're nonetheless in closed beta mode. We are going to begin quickly. As traditional, the lowest commissions amongst all mining swimming pools ”, He wrote in in the present day's message.

OKEx and Huobi exchanges even have their very own mining swimming pools - each of them are amongst the ten largest producers of bitcoin. The leaders are F2Pool and Poolin, and BTC.com is in third place.

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Recall, on ForkLog, a particular mission “Every little thing you have to find out about Bitcoin mining” has began, devoted to the bitcoin halving, which will likely be held in Might this 12 months.

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