Review on Binance Mining Pool by José A Rodríguez
A High-Quality Mining Pool Bringing Support to the Main Network
Binance Pools is an external section located in the whole ecosystem of the platform, which is dedicated purely for miners a was previously designed as a better alternative to safely premiere a reward with good incomes the labour of miners. I always when to do research think of the value of those tasks, and the special one the mining has for the overall status of finances included. Is for this reason that Binance, being one of the most trusted reliable exchanges, is a good and innovative option to go hand-by-hand with this task and make it profitable.
Despite being a recent release, the company has good years in the market and the current value for fees they offer is not less than 2,5 in a total percentage, it can be cheap if we consider that it has a good and rapid volume for transactions and confirmations after mining or expensive if users just think of it as a way of accelerating private economy. However, the truth is that this mining pool offers a service that beyond being high-quality, it is full of excellence. It counts with three necessary things a mining pool should have: Good technology and network support, excellent rates and modalities to mine, open security frames to measure the real scope of it.
I recognize just in the way the company also did that the service counts really with a smart system. This is a good model for any design of mining pools. However, it still requires certain improvements. Some of them are linked to the dashboard and statistics showing has rates to get users informed of all the process. Moreover, it should also promote the value of last winners and top miners to know who people must trust in, even when this service is also an ideal place to learn of the process.
At least for now, Binance Pool is an outstanding and impressive release. One of the things I liked the most is the great accessibility users have even if they are not experienced in the field. Moreover the great support they receive when making transactions and the minimum limit for earnings registered.
Pros
- A very easy-to-use service with clear options to start the process. It also counts with an active informative section the provides users of the current policies and facts from other networks.
- It has a good partnership and support from companies that are also guidance in the staking process it offers.
- Good incomes when mining certain blocks. They can be easily traded and with a good minimum for withdrawals.
- Real values through the platform. Although it is linked to the main network, it functions with autonomy.
Cons
- Still new. It requires to provide more functionalities and Real-Case experience from powerful miners.
- The current statistics dashboard is good but it should be updated frequently to avoid fake informative content.
