Vilnius, Lithuania, August 8th, 2024, Chainwire
WhiteBIT, Europe’s leading crypto exchange, has unveiled a game-changing product—WhitePool mining pool. This cutting-edge platform represents a major leap forward for the WhiteBIT ecosystem, offering lucrative opportunities for professional miners.
The global crypto mining market is on the rise, with a projected market size of $2.45 billion in 2024 and a staggering compound annual growth rate (CAGR) of 12.90% up to 2032. As the crypto industry evolves, miners are now experiencing daily returns of $30.72 million—showing a significant 6.27% increase from the previous year. This growth highlights the immense potential and expanding opportunities within the crypto mining sector.
To cater to professional miners seeking an efficient and streamlined mining solution, WhiteBIT has introduced WhitePool—a user-friendly mining pool supporting the SHA256 algorithm. This platform ensures optimal resource allocation and potential returns for miners. To participate, users simply need to register on the WhiteBIT exchange and connect their mining equipment.
“WhitePool prioritizes miners’ interests by offering top-tier service for efficient collective mining. Our aim was to create a mining pool that not only meets current demands but also sets a new standard for the industry, expanding opportunities for the mining community and evolving alongside them,” said Volodymyr Nosov, CEO of WhiteBIT.
Since its successful launch, WhitePool has quickly risen to the top 15 mining pools ranking due to its high hashrate and user benefits.
Key Features of WhitePool:
1. Functional and Clear Interface: WhitePool offers a user-friendly interface with comprehensive functionality for monitoring equipment and tracking rewards.
2. Accrual of Rewards Without Additional Fee: Rewards are automatically credited in Bitcoin (BTC) to the user’s main exchange balance without any extra steps, eliminating manual fund transfers, waiting time, and network fees.
3. FPPS Reward Model: Operating on the FPPS (Full Pay Per Share) model, WhitePool ensures miners receive rewards for each share contributed, regardless of block finding, providing a predictable rewards stream.
4. VIP Program for High-Power Miners: The VIP program offers reduced commissions, stable rewards for powerful equipment users, and additional upcoming features. Users connecting equipment to WhitePool from August 1 to August 31 will receive VIP status for two months with a 50% commission discount.
5. Professional Multilingual Support: A dedicated support team is available 24/7 in multiple languages for seamless communication.
WhitePool is an essential component of the WhiteBIT exchange infrastructure, known for its top-tier security through audits by Hacken.io.
About WhiteBIT:
WhiteBIT is a prominent European centralized crypto exchange established in 2018, offering a wide variety of trading pairs, digital assets, and fiat currencies. The company is an official partner of several sports teams and organizations, aiming to drive global blockchain adoption.
Contact WhiteBIT PR Service at pr@whitebit.com