Binance Unveils New Cloud Mining Products Amidst Regulatory Turmoil

The crypto exchange recently rolled out a Cloud Mining Partner Program to attract bitcoin mining and digital infrastructure providers.

Binance announced the launch of a new batch of Cloud Mining products for BTC mining in a statement on Wednesday. The exchange's cloud mining service was released last November and enabled users without mining equipment to earn mining rewards from Binance Pool.

Subscriptions, on the other hand, are required to buy hash rates and Bitcoin mining on Binance's cloud.

Chayanika has been working as a financial journalist for four years. A graduate in Political Science and Journalism, her interest lies in regulatory implications with a focus on technological evolution in the crypto realm. Contact:Linkedin