Binance Pool, an inclusive cryptocurrency mining platform dedicated to empowering miners and the mining industry, today announced its partnership with BitRiver, one of the largest hosting providers for mining in the Commonwealth of Independent States (CIS). BitRiver has added a node of Binance Pool to its world-class and full-service cryptocurrency mining datacenter in the city of Bratsk, Russia.
The partnership is aimed at creating a full infrastructure for the entire crypto and mining industry in Russia and CIS. Binance Pool’s node will enable BitRiver’s customers to have a more reliable and higher quality connection between their mining devices at BitRiver’s data center and Binance Pool’s platform.
“Binance Pool offers a highly competitive fee structure to institutional-scale miners, who are the customers of our data center. By having Binance Pool’s node in our data center, our customers from across the globe can now enjoy a more reliable and higher quality connection from Binance Pool,” said Igor Runets, CEO at BitRiver. “This would not only reduce network latency and potential downtimes but also lower the rejection rate of blocks, directly translating into better gains for Binance Pool users from our data center.”
Gleb Kostaev, Binance’s Director in Russia and CIS, noted: “Bitriver is one of the largest data centers in Russia and CIS and we highly appreciate that the Сompany tested and evaluated our range of services for cryptocurrency miners. Binance and BitRiver’s collaboration allows strengthening the level of services and expanding access to our customers ”.
Binance, a leading blockchain, and cryptocurrency infrastructure provider, announced the launch of Binance Pool last April. Binance Pool provides more opportunities and financial tools for miners and the mining industry. Binance Pool is integrated into the Binance ecosystem, allowing users access to its suite of derivatives products including Binance Futures, Spot and Margin trading, Binance Savings, Binance Staking, and OTC services.
