#cryptonews #CryptoMining #binancemining #IfYouAreNewToBinance #IsraelIranConflict
Mining on Binance isn’t traditional "hardware mining" (like with Bitcoin), but it offers mining services through its Binance Pool, which lets you earn crypto by contributing computing power.
Here’s a simplified step-by-step guide on how to mine via Binance:
🛠️ STEP 1: Get the Right Equipment
To mine efficiently, you’ll need:
A mining rig (ASIC or GPU-based depending on the coin)
Stable internet
A cooling setup
Power backup if needed
✅ Popular ASIC Miner: Antminer S19 for Bitcoin
✅ For GPU mining: NVIDIA RTX 3080+ or AMD RX 6800+
🧑💻 STEP 2: Create a Binance Account
Go to binance.com
Sign up with your email or phone number.
Complete identity verification (KYC).
🔐 STEP 3: Get a Binance Mining Account
Visit: Binance Pool
Click “Login” (same as your Binance credentials).
Go to “Dashboard” → Create Mining Account
Set a miner name (e.g. name.miner1)
Choose a password (you’ll use this in your mining software).
⛓️ STEP 4: Choose a Coin to Mine
Binance Pool supports:
Bitcoin (BTC
Litecoin (LTC)
Ethereum Classic (ETC
Kaspa (KAS)
Dogecoin (DOGE) via merged mining
✅ Choose a coin based on:
Hardware compatibility
Network difficulty
Profitability (check with whattomine.com)
🧰 STEP 5: Set Up Mining Software
Install and configure mining software (like CGMiner, BFGMiner, or NBMiner).
For Bitcoin (example):
Download CGMiner or BFGMiner
Input Binance Pool details:
makefileCopyEditURL: stratum+tcp://btc.pool.binance.com:3333
Worker: yourminingname.worker1 (e.g. name.miner1)
Password: x (or your mining password)
For other coins, get their stratum URL from Binance Pool under each coin’s page.
📊 STEP 6: Start Mining
Run the software — you’re now mining to Binance Pool! 🎉
Track progress at: Binance Pool Dashboard
💰 STEP 7: Get Paid
Binance Pool uses FPPS (Full Pay Per Share) — you’re rewarded even if your rig doesn’t find the block.
Rewards are credited daily to your Binance Wallet.
You can convert, stake, or withdraw them right after.
🔄 Bonus: Auto-Convert Your Rewards
Go to “Earn” → Auto-Invest
Convert mined BTC to BNB, ETH, or stablecoins
Set frequency for auto reinvestmenT
⚠️ Tips to Maximize Profit:
Join during low network difficulty times
Optimize energy costs
Regularly check hash rate and temperature
Use Binance Pool’s “Smart Pool” to auto-switch to the most profitable coin
