F2Pool Launches Ordinals Auctions For Newly-Mined Bitcoin Blocks

Key Points:

• F2Pool has launched a new auction function called Ordinals that lets users bid on newly-mined Bitcoin blocks for auctions that last 24 hours.
• Currently, only USDT is available for bidding on the sats. However, it plans to add more coins for bidding in the future.
• Binance NFT marketplace now supports the purchase, deposit, withdrawal, and listing of Bitcoin NFTs, including various Bitcoin NFT series.

F2Pool launches new auction function Ordinals, letting users bid on newly-mined Bitcoin blocks. Bidding lasts 24 hours. USDT only for now.

F2Pool, one of the world’s leading cryptocurrency mining pools, recently launched Ordinals, a new auction function. This new feature allows users to bid on newly-mined Bitcoin blocks for auctions that will last 24 hours. The first round of auctions is set to begin on June 6, 2023, and will feature ten satoshis of uncommon variety levels available for bidding.

The launch of Ordinals auctions by f2pool is an exciting development in the crypto industry. F2Pool is known for its high-quality mining services and has contributed to the growth of various cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. With the introduction of Ordinals auctions, F2Pool is again demonstrating its commitment to providing innovative and cutting-edge solutions that enhance the crypto experience for users.

To participate in the auctions, users must have an f2pool account. The bidding process and auction status can be viewed via the account. Currently, only USDT is available for bidding on the sats. However, f2pool plans to add more coins for bidding in the future. Additionally, f2pool will regularly add new uncommon sats for recurring auctions, providing users with more opportunities to participate and bid on exciting new assets.

In other news, the Binance NFT marketplace now supports the purchase, deposit, withdrawal, and listing of Bitcoin NFTs. The supported Bitcoin NFT series include Bitcoin Bandits, Frogs, Pizzas, Punks, Wizards, Clay Pepes, DogePunks, and more. The supported NFTs are based on the Inscription ID list provided by the project team.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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