Binance Pool Joins Top Mining Firms To Support Ethereum Classic (ETC)

Varinder Singh
September 8, 2022 Updated July 14, 2025
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Binance Pool Joins Top Mining Firms To Support Ethereum Classic (ETC)

Binance’s mining pool Binance Pool on Thursday said it will support the Ethereum Classic (ETC) as Ethereum switches to proof-of-stake (PoS) after the Merge. Also, Binance Pool is offering “zero” mining fees service for ETC mining until October 9.

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Binance Pool Launches Zero Fee Ethereum Classic (ETH) Mining

Binance Pool is among the top mining pools in the world. Currently, Binance Pool is the 7th-largest mining pool for ETC mining and ranks 12th in Ethereum (ETH) mining. The mining pool will support ETC mining as miners will become obsolete after the Merge.

In order to attract miners to use its mining pool for ETC mining, Binance Pool is offering zero fees for ETC mining from September 9 to October 9. Users need to complete identity information in order to participate and receive rewards in their mining account.

“All users who contribute hashrate to the ETC Pool during the Promotion Period will enjoy zero pool fees for ETC mining.”

Users can apply for VIP membership by sending an email to [email protected] to increase the hashrate level. Also, users can enjoy discounted fees in VIP membership.

According to the official announcement, the terms and conditions allow Binance to disqualify any participants committing fraud. Moreover, Binance has the right to cancel or modify the promotion or promotion rules.

Other mining pools such as Ethermine, Antpool, BTC.com, and F2Pool are also supporting Ethereum Classic (ETC).  Some are even offering “zero” mining fees for ETC mining. BTC.com has launched an ETC mining pool, offering 3-month of fee-free ETC mining. Meanwhile, the largest ETC mining pool F2Pool has invited miners to ETC, RVN, CFX, and other coins. F2Pool started “Zero” commission fees for ETC mining until September 30.

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ETC Price Breaking Records

Ethereum Classic (ETC) price records a massive rally and the hash rate has hit ATH. With the Merge happening between September 13-15, the ETC price is most likely to skyrocket as miners switches to Ethereum Classic.

In the last 24 hours, the ETC price has rallied nearly 10%, with the current price trading above $37. Meanwhile, Ethereum (ETH) price is trading at $1,637, up 8% in a day.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.