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 trustworthy
In 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…
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