Binance, the world-renowned crypto exchange, recently introduced a Cloud Mining Partner Program to attract Bitcoin mining and digital infrastructure providers.
The unveiling comes at a time when Binance is embroiled in regulatory issues, including an enforcement action by the US Securities and Exchange Commission.
Amidst a backdrop of intensifying regulatory difficulties, Binance, the global crypto exchange, revealed a fresh batch of Cloud Mining products for BTC mining. The announcement, made last Wednesday, is part of Binance’s ongoing effort to engage Bitcoin mining and digital infrastructure providers.
In November last year, Binance launched its initial cloud mining service, providing an opportunity for users without mining equipment to gain mining rewards via the Binance Pool. However, these services necessitate the purchase of subscriptions for hash rates and Bitcoin mining on Binance’s cloud.
Per the official blog post, subscriptions for this new batch commenced on Ju

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