The leading Bitcoin mining pool, F2pool, has formally introduced the Bells (BEL) mining pool, which will use 5% PPLNS (Pay Per Last N Shares) as its payout plan.
Based on the Scrypt mining method, Bells (BEL) is a Proof-of-Work network that is mostly mined by Scrypt ASIC miners. BEL has a 500 million coin maximum supply and random block rewards.
Users can take part by logging in and setting the name of their f2pool mining account in the software. The North American, European, and Asian BEL pool service URLs are given in the official announcement.
F2pool also mentioned that customers can use the BEL full-node wallet because exchanges do not presently handle BEL token deposits.
The company also stated that people do not support a revenue calculator for BEL block rewards because of its randomness. “BEL does not support merged mining with LTC or DOGE,” the message reads.
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Read More: F2pool launches Bells(BEL) Mining Pool with PPLNS Payout