Six Years of Relentless Efforts: ViaBTC is Always on the Way
BTC mining has evolved from CPU to GPU and finally to ASIC, setting off a hardware “arms race”. Since more advanced mining chips are introduced, the hashrate of mining rigs has been on the rise, making mining extremely d...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
BTC mining has evolved from CPU to GPU and finally to ASIC, setting off a hardware “arms race”. Since more advanced mining chips are introduced, the hashrate of mining rigs has been on the rise, making mining extremely difficult. Meanwhile, hashrates are centralized by big mining farms and large institutions, and retail miners now struggle to gain the right of block updating solely relying on their own hashrates. To stay in the game, more and more miners choose to join a mining pool for stable mining revenue.
Before choosing one from many mining pools out there, miners should think about the following factors. First, brand recognition. In general, famous pools are more reliable because they are often highly recognized by the miner community. Second, user experience in both the products and the services the pool provided. A pool with a full range of products, in most cases, enables efficient and convenient mining experiences. All in all, brand recognition, and user experience in products and services are all backed by the tech capacity of the team behind the pool. Strong tech capacity allows a pool to offer a sound mining environment, so as to better safeguard the interests of miners.
6 years of solid steps: ViaBTC is reliable and trustworthyIn March 2016, Haipo Yang, the founder of ViaBTC, developed and deployed ViaBTC Pool on his own. Only two months later, ViaBTC Pool was officially launched. In June of that year, the BTC pool was introduced. To improve the mining revenue, ViaBTC Pool revolutionized the payment methods and invented PPS+, which was the first of its kind in the mining industry. Apart from the block reward, under the model of PPS+, miners will also receive the daily mining fee according to their contribution. This invention was widely approved by miners and mining institutions. By doing so, the pool became one of the world’s top 5 by BTC hashrate in less than 5 months since it was launched.
As a comprehensive crypto mining pool serving the world, ViaBTC has always adhered to the principles of security, transparency, fairness, and freedom. Through 6 years of dedicated efforts, the pool has introduced mining services for dozens of cryptos, including BTC, ETH, and LTC, and the invention of PPS+ has greatly improved the brand awareness of ViaBTC in the miner community. It is now the preferred choice among miners.
6 years of concrete actions: ViaBTC insists on innovationHow to provide better mining experiences to attract more miners has always been a challenge facing mining pools. Always offering new products and services, ViaBTC has committed to innovation and illustrated what the proverb “good wine needs no bush” means through concrete actions.
For instance, ViaBTC Pool offers multiple channels, free and paid, to meet the demand of different groups of miners by upgrading Transaction Acceleration; launches ViaBTC’s Hashrate Fluctuation Notification to free miners from keeping checking the hashrate since they will be notified when the figure drops to the set threshold; introduces Hedging Service and Crypto Loans to help miners mitigate the difficulty in turnover of capitals, more flexibly dealing with their funds, especially under extreme market conditions.
Always starting from miners’ rights and interests, ViaBTC has insisted on innovating products and offering a full set of products and supporting services, so as to provide miners with more efficient and convenient mining experiences.
6 years of pioneering efforts: ViaBTC is backed by a strong teamA company’s success depends on its team. ViaBTC has always upheld the principle of “the team is a company’s most important product”, and seen its team as its core competitiveness and the most iconic product. Through 6 six years of talent hunting, ViaBTC has built a strong and globalized team with group members having rich working experience in world-renowned Internet and financial enterprises. It is noteworthy that some of the pioneers in the crypto industry have joined the ViaBTC.
As a technical expert himself, Haipo Yang has attached great importance to code security due to his keen insights into security and auditing. Since its inception, ViaBTC Pool has never experienced any major security accidents. Backed by a strong team, ViaBTC Pool provides miners with a secure and stable mining environment to make them feel at ease every time they mine.
Although the mining industry is highly cyclical, ViaBTC will not stop forging ahead in spite of wild market swings. Even though the road ahead might be beset with thorns, ViaBTC will never give up. This is the best of times; this is the worst of times. ViaBTC will join hands with miners to embrace a new crypto age and create new glory in the next 6 years.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on NewsBTCRelated market context
Miner Weekly: These Miners Cut Hashrate 50% as AI Revenue Doubles
The AI retrofit is becoming easier to see in miners’ income statements. This article first appeared in Miner Weekly, a weekly news...
Bitcoin Mining Difficulty Falls 9.1%, Most Since June
Slower blocks triggered the year's third-largest difficulty cut, lifting expected revenue per unit of computing power as Bitcoin's...
Attackers hijack about 64,000 Bitcoin miners and point 13 EH/s at OCEAN
The incident highlights vulnerabilities in mining software, emphasizing the need for enhanced security measures to protect against...
FutureBit’s Apollo III Bitcoin Miner Hits Micro Center Shelves in Its First Brick-and-Mortar Launch
Bitcoin Magazine FutureBit’s Apollo III Bitcoin Miner Hits Micro Center Shelves in Its First Brick-and-Mortar Launch FutureBit is...
Kraken Parent Payward Breaks Trading Reliance as Services and Custody Drive Q3 Margin
Kraken parent Payward is decoupling its profitability from the crypto trading cycle. In the third quarter, client assets and enter...
Bitcoin Price Briefly Crashes to $67,500, Lowest Since August, as Dollar Holds 19-Month High
Bitcoin Magazine Bitcoin Price Briefly Crashes to $67,500, Lowest Since August, as Dollar Holds 19-Month High Bitcoin price traded...