Binance, the world’s largest cryptocurrency exchange, has launched its mining pool service for Ethereum Proof-of-Work (ETHW), a forked version of Ethereum.
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Binance Pool said on Thursday that it offers zero pool fees for the ETHW pool during a promotion period until Oct. 29.
ETHW price rose 9% over the past 24 hours to US$12.08 at 2:30 p.m. in Hong Kong, according to data from CoinMarketCap.
Binance, however, has not listed ETHW, and it said in the Thursday statement that “supporting ETHW on Binance Pool does not guarantee the listing of ETHW.”
Users can only withdraw ETHW on Binance so far and deposits are not available, the exchange said.
Major mining pools such as F2Pool, Poolin and Antpool have also launched their ETHW mining pools.
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