CZ: Binance has no intention of getting involved in the Bitcoin mining industry.

2023-06-03 23:40
BlockBeats reported on June 3rd that during a recent AMA session, CZ, the founder of Binance, stated that "Binance has no plans to enter the Bitcoin mining industry, and has no intention to do so. The reason for this decision is that Bitcoin mining is a very special business, requiring a lot of hardware and professional knowledge, and there are many participants in the mining industry who have more advantages than Binance. Binance does operate one of the largest mining pools, but this is very different from running a mining farm. We provide comprehensive services for miners, but we do not mine ourselves. I think mining is important, but it is not our core expertise."
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