Mining remains a popular investment strategy, primarily available in two forms: solo mining and pool mining. While solo mining relies solely on individual efforts, pool mining offers miners more stable returns through collective resources. Among the top contenders in this space is Binance Pool, a comprehensive service platform dedicated to optimizing miner profits. Focusing on both POW (Proof of Work) and POS (Proof of Stake) ecosystems, Binance Pool provides end-to-end mining solutions. But the pressing questions are: How profitable is Binance Pool? And how are its yields calculated?
Binance Pool Yield Calculation Methods
As a critical component of the Binance ecosystem, Binance Pool leverages its technical expertise, capital reserves, trading infrastructure, and industry networks to deliver a seamless "mining-to-trading" experience.
Key advantages include:
- Global node distribution across the Americas, Europe, Northern/Southern China, and expanding regions.
- Automatic load balancing to assign miners to the nearest node, minimizing latency and maximizing uptime.
Settlement Models
FPPS (Full Pay Per Share) for BTC:
- Guarantees earnings based on theoretical hash rate, including transaction fees.
Formula:
FPPS = Daily Average Hash Rate × Theoretical Yield × (1 + Transaction Fee Rate) × (1 - Pool Fee)
PPS+ (Pay Per Share Plus) for ETH:
- Rewards miners per submitted share, excluding block luck variability.
Formula:
PPS+ = (Worker's Hash Rate / Network Difficulty) × Block Reward × (1 - Pool Fee)
Note: Transaction fee rates and theoretical yields are derived from blockchain explorers' averaged data per settlement cycle.
Key Timings
- Settlement Cycle: 08:00–08:00 (UTC+8) daily.
- Payout Time: Before 18:00 (UTC+8) each day, transferred to your Binance Pool account.
Step-by-Step: Registering a Binance Pool Sub-Account
- Log in to your Binance account and navigate to Mining Account Management under the right-side menu.
- Create a new mining account (required for first-time users).
- Configure miners using the format:
MiningUsername.MinerID(e.g.,Alice.Rig01).
Important:
- Mining accounts (master accounts) link hardware to the platform and cannot be deleted once created.
- Up to 3,000 sub-accounts allowed, ideal for managing multiple proxies or mining farms.
FAQs
1. What’s the minimum hash rate to join Binance Pool?
Binance Pool has no minimum hash rate requirements, making it accessible for small-scale miners.
2. How often can I withdraw my earnings?
Payouts occur daily, with no withdrawal limits imposed by Binance Pool.
3. Are there geographical restrictions for node access?
No—nodes are globally distributed, and the system auto-assigns the optimal server based on your location.
4. What’s the pool fee structure?
Fees vary by cryptocurrency but are competitively low (e.g., 1.5% for BTC FPPS). Check the official page for updates.
👉 Maximize your mining profits with Binance Pool’s low fees
5. Can I switch between FPPS and PPS+?
No—each coin uses a fixed model (e.g., BTC = FPPS, ETH = PPS+).
6. How secure is my earnings data?
Binance Pool employs enter-grade encryption and real-time auditing to protect miner payouts.
👉 Explore advanced mining strategies today
This guide strips away complexities, giving you a clear path to higher yields and hass-free mining. Whether you’re a novice or a seasoned miner, Binance Pool’s infrastructure is built to scale with your ambitions.