Announcement on Referral Reward Upgrade: ViaBTC Introduces Lifetime Commission Incentives up to 20%

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In the crypto community, some say that mining is the most prudent investment choice. Nowadays, you can no longer sit in front of a PC with a cup of coffee all by yourself and wait for your computer to mine coins. As more people get to know about blockchain and Bitcoin, the miner community has expanded. With increased hashing power, the mining difficulty has grown exponentially. Under such circumstances, individual miners have struggled to get stable mining profits, which triggered the appearance of mining pools. A mining pool converges the hashing power of miners and distributes the block reward among all participating miners according to their shares in the total hashing power, thereby offering stable returns.

Yet, the market abounds with mining pools, including both the good and the bad. To save trouble, miners should pick the right mining pool. Firstly, a mining pool’s hashrate proportion in the total hashing power of a network should be considered. A large hashrate proportion is a feature of strong mining pools. It shows that the mining pool is working with well-established mining farms and that it is widely trusted by miners. Moreover, years of good reputation are usually typical of long-standing mining pools. Secondly, miners should choose reputable pools. Backed by excellent products and services, a good reputation indicates the solid strength of a mining pool and its rich crypto resources.

Since its inception in 2016, ViaBTC Pool has grown into an all-inclusive mining pool that offers professional, efficient, secure, and stable mining services for nearly 1 million users across 130 countries and regions. Through