One of the world’s leading crypto exchange Binance had launched a mining pool earlier this year, and now the crypto exchange giant has announced a partnership with BitRiver. BitRiver is a provider for mining in the Commonwealth of Independent States. According to the announcement, BitRiver has added a node of Binance Pool to its full-service cryptocurrency mining data center in the city of Bratsk, Russia. Binance Pool and BitRiver aim to create a comprehensive infrastructure for the entire crypto and mining industry in Russia and CIS.
“Binance pool offers a highly competitive fee structure to institutional miners.”
The CEO of BitRiver, Igor Runets, said that Binance Pool offers a highly competitive fee structure to institutional-scale crypto miners, who are the customers of BitRiver’s data center. By having Binance Pool’s node in the data center, BitRiver customers from across the globe can now enjoy a more reliable and higher quality connection from Binance Pool, he added. Binance’s director in Russia and CIS, Gleb Kostaev, said that Bitriver is one of Russia and CIS’s largest data centers and they appreciate that the Сompany tested and evaluated the range of services for cryptocurrency miners.
Binance continues to expand globally.
One of the leading crypto exchanges in the world, Binance, is continuing its mission of global expansion. Over the last few years, Binance has made several acquisitions all around the world. The crypto exchange has taken several steps to expand its services to people across countries. The Malta-based crypto exchange has acquired many local crypto and blockchain startups over the last few years. Changpeng Zhao led crypto exchange has come a long way in a short period of time. Earlier, the crypto exchange revealed in a blog post that it had partnered with Etana Custody that would allow the exchange to introduce gateway for 15 new fiat currencies.