WhitePool launched by WhiteBIT ranked among the top 15 mining pools as soon as it was launched

[PRESS RELEASE – Vilnius, Lithuania, August 8th, 2024]

white bitsOne of many largest cryptocurrency exchanges in Europe has introduced the launch of a brand new product – the WhitePool mining pool. This revolutionary platform marks an essential step within the growth of the WhiteBIT ecosystem and opens up a variety of alternatives for skilled miners.

The worldwide cryptocurrency mining market will proceed to develop, with the market measurement anticipated to succeed in roughly US$2.45 billion in 2024 The compound annual progress charge (CAGR) is predicted to be 12.90% by 2032. $30.72 million – 6.27% A rise in comparison with the earlier yr. This progress highlights the potential and increasing alternatives of the cryptocurrency mining business.

To cater to the wants {of professional} miners searching for environment friendly and streamlined cryptocurrency mining options, WhiteBIT cryptocurrency trade has launched its personal mining pool, Baichi. It has a user-friendly interface and helps the SHA256 algorithm, guaranteeing optimum useful resource allocation and potential rewards for miners. Participation requires customers to register on the WhiteBIT trade and join their mining gear.

“WhitePool prioritizes the pursuits of miners by offering top-notch companies for environment friendly collective mining. Our purpose is to construct a mining pool that not solely meets present wants but additionally units a brand new benchmark for the business, increasing alternatives for the mining group and connecting with them Develop collectively. Vladimir Nosov, CEO of WhiteBIT.

Following its profitable launch, WhitePool is now accessible in Top 15 mining pools Ranked because of its excessive computing energy and advantages to customers.

Full features and clear interface

A necessary function of WhitePool is its user-friendly interface and complete performance for monitoring gear and monitoring rewards. Customers can simply monitor system standing and set notifications for adjustments in working standing.

Accumulate rewards at no extra value

Sometimes, customers should attain a minimal BTC quantity, manually provoke a fund switch, look ahead to processing, and handle the pockets to obtain rewards. With WhitePool, rewards are routinely credited to the consumer’s essential buying and selling stability in Bitcoin (BTC) with none extra steps. This eliminates the necessity to manually switch funds, look ahead to transactions to be processed, and pay community charges.

FPPS reward mode

WhitePool adopts the FPPS (totally paid per share) reward mannequin. FPPS ensures that miners are rewarded for each share they contribute, no matter whether or not the pool finds the block or not. This strategy ensures a predictable movement of rewards, as payouts are made primarily based on every share contributed, no matter whether or not the pool efficiently finds the block.

Excessive computing energy mining machine VIP plan

The VIP program presents quite a lot of advantages, together with decreased commissions, secure rewards for miners utilizing highly effective gear, and different options to be introduced quickly.

All customers who join their gadgets to WhitePool between August 1st and August thirty first will obtain VIP standing for 2 months (August 1st to September thirtieth) and luxuriate in a 50% fee low cost, simply pay 1%. The usual price is 2%.

Skilled multi-lingual assist crew on name 24/7

An knowledgeable assist crew is offered 24/7 to help miners in English, Spanish, Turkish and different languages ​​for seamless communication.

WhitePool is a part of the WhiteBIT cryptocurrency trade infrastructure and has been rated as one of many 3 most safe exchanges via audits Hacken.io.

About WhiteBIT

white bits It is among the largest centralized cryptocurrency exchanges in Europe, established in 2018. The corporate is an official companion of the Ukrainian nationwide soccer crew, FC Barcelona, ​​Trabzonspor, FACEIT. WhiteBIT’s purpose is to implement blockchain know-how at scale on a world scale.