Pool directory · since 2020
Binance Pool
The exchange’s pool — payouts land in your Binance account, which is maximum convenience and maximum custodial dependence at once.
Payout schemeFPPS
Running since2020
OriginGlobal (Binance)
Transparent / verifiableConventional-custodial
Lightning payoutsOn-chain only
The longer story
Binance Pool bolts mining onto the world’s largest exchange: FPPS payouts landing directly in a Binance account, ready to trade, stake or withdraw. For miners who sell their production anyway, the integration removes a hop.
It suits exchange-first miners comfortable concentrating pool AND custody risk in one counterparty — which is precisely the trade to think hardest about. “Not your keys” applies doubly when your payout address is an exchange.
Quick answers
- How does Binance Pool pay miners?
- Binance Pool uses FPPS — the pool pays expected value per share including fees, so the pool carries block-finding variance, not you.
- How long has Binance Pool been operating?
- Binance Pool has operated since 2020 (Global (Binance)) — in mining, payout track record is the trust signal that matters most.
- Is Binance Pool transparent, and does it support Lightning payouts?
- Its accounting is conventional-custodial: you trust the operator’s numbers, as with most large pools. Payouts are on-chain only.
Compare & alternatives
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