[PRESS RELEASE – Vilnius, Lithuania, August 8th, 2024]
WhiteBIT, among Europe’s biggest crypto exchanges, has actually revealed the launch of a brand-new item– the WhitePool mining swimming pool. This ingenious platform marks a considerable action in the advancement of WhiteBIT community and opens comprehensive chances for expert miners.
The worldwide cryptocurrency mining market is set for development, with its market size anticipated to reach around $2.45 billion in 2024 and a predicted substance yearly development rate (CAGR) of 12.90% through 2032. As the cryptocurrency sector continues to progress, Bitcoin miners are seeing everyday returns presently at $30.72 million– a 6.27% boost compared to the previous year. This development highlights the possible and broadening chances within the cryptocurrency mining market.
To deal with expert miners looking for an effective and structured cryptocurrency mining service, WhiteBIT crypto exchange has actually presented its own mining swimming pool, WhitePool. Including an easy to use user interface and assistance for the SHA256 algorithm, it makes sure optimum resource allotment and prospective returns for miners. Involvement needs users to sign up on WhiteBIT exchange and link their mining devices.
“WhitePool focuses on miners’ interests by using top-tier service for effective cumulative mining. Our goal was to develop a mining swimming pool that not just satisfies existing needs however likewise sets a brand-new standard for the market, broadening chances for the mining neighborhood and developing along with them,” stated Volodymyr Nosov, CEO of WhiteBIT.
Following its effective launch, WhitePool is presently included in the leading 15 mining swimming pools ranking due to its high hashrate and advantages for users.
Practical and Clear Interface
An important function of WhitePool is its easy to use user interface and thorough performance for keeping track of devices and tracking benefits. Users can quickly keep track of devices status and set notices for modifications in employee states.
Accrual of Rewards Without Additional Fee
Generally, users need to reach a minimum BTC quantity, by hand start fund transfers, wait on processing, and handle wallets to get benefits. With WhitePool, benefits are instantly credited in Bitcoin (BTC) to the user’s primary exchange balance with no extra actions. This removes the requirement for manual fund transfers, awaiting deal processing, and paying network charges.
FPPS Reward Model
WhitePool runs on the FPPS (Full Pay Per Share) benefit design. FPPS guarantees miners get benefits for each share contributed, despite whether the swimming pool discovers a block. This technique ensures a foreseeable benefits stream, as payments are made based upon each share contributed, regardless of the swimming pool’s success in finding blocks.
VIP Program for High-Power Miners
The VIP program provides a number of advantages, consisting of lowered commissions, steady benefits for miners utilizing effective devices, and extra functions to be revealed quickly.
All users who link their devices to WhitePool from August 1 to August 31 will get VIP status for 2 months (from August 1 to September 30) and take pleasure in a 50% discount rate on the commission, paying just 1%. The basic charge is 2%.
2018, BidPixels