Binance has introduced a new batch of Cloud Mining products focused on Bitcoin (BTC) mining. Users can now subscribe to purchase hashrates and begin earning mining rewards in their Funding Wallets.
The subscription period starts on May 25, 2023, at 02:00 (UTC), and follows a first-come, first-served format. Mining operations are estimated to commence on June 1, 2023, at 04:00 (UTC).
Binance offers a 180-day Cloud Mining period starting from June 1, 2023. Users can start with a minimum purchase of 1 TH/s for $11.8980. Each additional 1 TH/s costs about $0.0661. The estimated daily output during the mining period is 0.00000261 BTC, resulting in a total estimated output of that multiplied by 180 days.
Users are required to have verified accounts to participate. Binance emphasizes that in case of any discrepancies, the English version of the terms and conditions takes precedence over translated versions.
Also Read: 5 Best Bitcoin Cloud Mining Sites in 2023
