Summary of the Exciting Promotion for Miners 🎉
In an exciting development, Binance Pool has launched a promotional initiative that rewards miners of Kaspa (KAS) and Bitcoin (BTC) with a generous bonus. This event, which runs from November 28, 2024, to January 27, 2025, allows eligible miners to compete for a portion of the substantial pool of 88,000 KAS. Read on to discover the details on how to participate and the requirements involved.
Understanding the Promotion 🎁
The main objective of this promotional campaign is to distribute a total of 88,000 KAS to the leading 100 miners based on their overall net hashrate contribution. To be eligible for these rewards, participants must complete identity verification (KYC). Furthermore, Binance has made tutorials available to guide users through the processes of mining KAS and BTC on their platform, accessible via their extensive support resources.
Eligibility Criteria for Participation 📋
For miners interested in joining the promotion, the following requirements must be met:
- Complete the identity verification process (KYC).
- Consult the KAS Mining Tutorial and the BTC Mining Tutorial available on the Binance support pages.
- Become a member of the Binance Pool to initiate the mining process.
- Regularly check their hashrate and earnings using the Binance Pool platform.
Distribution of Rewards and Important Conditions ⏳
Rewards will be distributed within 14 business days following the conclusion of the promotional period. Miners can track their rewards in the Binance Funding Wallet. It’s crucial to note that as of now, Kaspa (KAS) is not available for trading on Binance.com, and this mining service’s introduction does not guarantee that future trading will occur.
As a precaution, miners should ensure that their earnings exceed the minimum payout threshold of 100 KAS and that they have a valid payout address configured in their Binance Pool account to prevent any potential loss of rewards.
Terms and Conditions of Participation ⚖️
Binance maintains the right to disqualify any participant who attempts to exploit the promotion or breaches the stated terms and conditions. The platform also reserves the ability to modify or terminate the promotion at any time. Users interested in more comprehensive terms should consult the specific promotion terms found on the Binance website.
Hot Take: An Opportunity for All Miners 🔥
This promotional campaign presents a compelling chance for both seasoned miners and those new to the industry to earn rewards during this year. By mining either Kaspa or Bitcoin on Binance Pool, participants can benefit from a robust rewards system designed to acknowledge their contributions. Engaging in such initiatives not only enhances your mining experience but also allows you to explore the platforms and tools that can aid in your cryptocurrency journey.
Further Resources 📌
For additional information, please refer to the official Binance announcement available online.