Binance Pool, the crypto mining services arm of cryptocurrency exchange Binance, aims to support Bitcoin miners to weather the crypto winter with a $500 million loan. The ongoing bear market has had deep impacts on almost all industry participants, particularly miners. Amid rising fuel and electricity prices and the crypto market downturn, this cohort has been hit the most, with many miners proceeding to shut down their machines as profitability becomes negligible. ...Read More: Binance Announces $500 Million Funding for Bitcoin Mining
