Binance Pool has become the 11th largest Bitcoin mining pool in the world, according to data from BTC.com. The exchange’s CEO Changpeng Zhao shared the news earlier today, using older data that showed Binance Pool ranked 8th with 4.23% of the total hashrate. Binance, one of the largest and fastest-growing cryptocurrency exchanges in the world, has seen its Bitcoin mining pool grow slowly and steadily. Launched at the end of April, the Binance Pool was initially met with skepticism, as many members of the crypto community criticized the company for aiding the further centralization of Bitcoin mining. However, the pool launched with solid performance, ranking 11th in the world in its first week of existence. It made up for 2.91% of the total hashrate and mined a total of 116 blocks. As of
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