Monday, November 18, 2024

Binance Pool Declares Mining Service Rewards in Altcoin Challenge Created by Dogecoin (DOGE) Founder Billy Markus

Binance’s mining pool platform introduced it’s now distributing rewards denominated in a memecoin created by Dogecoin (DOGE) creator Billy Markus.

Binance Pool says it has now launched Bellscoin (BEL) merged mining.

The mining platform’s customers can now mine Litecoin and earn rewards in LTC, BEL or DOGE.

Markus created the Animal Crossing-inspired Bellscoin in 2013, eight days earlier than Dogecoin launched, based on the venture’s web site. It was revived in 2023.

Explains the Bellscoin web site,

“Bells coin has no affiliation with ‘Animal Crossing’ of Nintendo. This coin is just paying homage to a meme all of us love and acknowledge. Bells is a meme coin with no intrinsic worth or expectation of economic return. There is no such thing as a formal staff or roadmap. The coin is totally ineffective and for leisure functions solely.”

Regardless of being provided as a mining reward, Bellscoin isn’t at present listed on Binance for buying and selling.

BEL is buying and selling at $0.903 at time of writing. The 721st-ranked crypto asset by market cap is down greater than 5% up to now 24 hours.

DOGE is buying and selling at $0.115 at time of writing. The Ninth-ranked crypto asset by market cap is down greater than 8.5% up to now day.

LTC is buying and selling at $66.73 at time of writing. The Twenty fifth-ranked crypto asset by market cap is down almost 4% up to now 24 hours.

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