WhiteBIT Launches Its Own Mining Pool
Bitcoin doesn’t necessarily have to be bought—it can be mined. However, competing with large mining companies can be tough, prompting solo miners to consolidate their computing resources into pools. This strategy increases the overall hash rate of the pool, enhancing the likelihood of mining a new block. If successful, the reward is distributed among all participants proportionally to their contribution.
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Bitcoin doesn’t necessarily have to be bought—it can be mined. However, competing with large mining companies can be tough, prompting solo miners to consolidate their computing resources into pools. This strategy increases the overall hash rate of the pool, enhancing the likelihood of mining a new block. If successful, the reward is distributed among all participants proportionally to their contribution.
You can now join WhitePool—a mining pool from WhiteBIT, Europe's largest crypto exchange, now ranked among the top 15 mining pools worldwide. To get started, simply register an account on WhiteBIT and properly configure your equipment. You can begin mining in the pool within minutes.
WhitePool features:
- A 2% mining fee, with additional discounts for VIP members.
- Direct transfer of rewards into your main balance with no extra fees.
- Rewards are distributed using the FPPS (Full Pay Per Share) method, which considers only the amount of work done, regardless of the number of blocks the pool mines.
- Access to extensive analytical information through a single interface.
- Integration with the WhiteBIT ecosystem, with audits by Hacken.
- Multilingual customer support available 24/7.
WhitePool is designed to prioritize miner interests, offering premium services for effective collective mining. Our aim was to establish a mining pool that not only satisfies existing needs but also sets a new industry level, creating more opportunities for the mining community and evolving alongside it
said Volodymyr Nosov, CEO of WhiteBIT.
All users who register by September 30 will receive VIP status with a 50% discount on pool fees.
Ready to try your hand at mining?
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