In response to the need for additional tokens to mine following the Ethereum merger, Binance Pool, the mining pool service offered by the cryptocurrency exchange, has added Ravencoin (RVN) to its wide range of supported tokens. The proof-of-stake (PoS) algorithm replaced the proof-of-work (PoW) method as the Ethereum network’s default algorithm in September. It eliminates the need for computationally intensive mining in favor of a procedure known as validating. Ravencoin Network Increased by 5 Times Since then, Ethereum miners have had to discover alternative methods of generating income using their graphics processing units (GPUs). A significant flood of former ETH The post Binance’s Cryptocurrency Mining Pool Now Supports Ravencoin Pool appeared first on Cryptoknowmics-Crypto News and Media Platform .
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