Binance has announced the launch of a new batch of Cloud Mining products for BTC mining, which will be available for subscription starting June 8.

The cloud mining service was introduced last November and allows users to earn mining rewards from Binance Pool without owning mining equipment.

However, the service suffered outages due to a severe winter storm in North America in late December. The announcement comes amidst regulatory actions against Binance, including charges from the US Securities and Exchange Commission and a summon issued to the exchange's CEO.