Binance has decided to provide financial support to crypto miners.
To this end, Binance Pool has launched a fund with a capital of $500 million has been created that will lend to such teams. Both enterprises producing crypto and private Bitcoin miners will be able to use the funds of this fund.
Funds will be allocated against the security of real and digital assets for up to 24 months.
In addition, the trading platform is not the only company that is ready to finance projects for the development of BTC mining.
Bitmain founder Jihan Wu has also recently announced the creation of a fund with capital of up to $250 million.
