ViaBTC | 2022 in Review: Annual Events of ViaBTC

ViaBTC
4 min readJan 10, 2023

In 2021, affected by regulations on crypto mining in some countries, the mining pool industry went through a major transformation. In particular, ViaBTC, which was once the largest BTC pool in terms of hashrate, stood out and attracted extensive market attention. Going into 2022, ViaBTC kept growing despite bearish market conditions. The pool continued to pursue tech innovations and upgraded its products and services to provide users with more versatile mining tools, stabler and more efficient mining services, and more satisfying product experiences.

Today, let’s recap the big moments of ViaBTC and check out how the pool evolved in 2022.

1. Referral rewards upgraded

ViaBTC has always put users first. In early 2022, we upgraded the referral reward program to provide our loyal users with maximum benefits and attract more new users to the pool.

Specifically, we introduced exclusive referral privileges for “ViaBTC Ambassadors”. Once you become a ViaBTC Ambassador, you can refer friends to ViaBTC Pool via your exclusive referral link or code to enjoy an upgraded referral ratio of 20%. Moreover, while regular users can only get 10% referral rewards for a limited period of 12 months, ViaBTC Ambassadors receive permanent rewards as long as they are still Ambassadors.

For more information about referral rewards, please go to https://www.viabtc.com/refer

2. ViaBTC Pool’s LTC hashrate ranked №1 for 12 consecutive months

It has been six years since ViaBTC first launched the LTC mining service in January 2017. Through six years of ups and downs, we have pursued growth and our LTC mining service has earned growing user recognition. During the last 12 months, ViaBTC Pool remained the largest mining pool by LTC hashrate.

According to statistics from ViaWallet, the LTC supply is expected to be halved on August 3, 2023. By then, the block reward will drop to 6.25 LTC. As such, it is foreseeable that the LTC price will probably surge in 2023. Right now, the LTC price stands at $73.1, which is a low point in the last year. For miners, now is a good time to plan ahead and invest in LTC mining.

ViaBTC Pool features LTC merged mining. More specifically, you can mine LTC to get free DOGE, which is settled according to PPLNS. For more information, please go to https://support.viabtc.com/hc/zh-cn/articles/900001530543.

3. ViaBTC celebrated its sixth anniversary in June 2022

For ViaBTC, June is an extraordinary month. In June 2022, we celebrated our sixth birthday. To give back to our users and share our progress, we invited global users to the sixth-anniversary celebration and introduced a series of giveaway events, including The BTC Prices You Don’t Know, Share Your Moments with ViaBTC to Win Amazing Rewards, and Collect Cards to Share $50,000 Bonus.

We also teamed up with R-Cluster and provided high discounts on its mining management system and overclocking firmware.

If you missed out on our sixth-anniversary celebration, don’t feel sorry because there are more wonderful events waiting for you in 2023. Stay tuned for more ViaBTC events!

4. Security protection for user accounts upgraded

In 2022, the blockchain industry suffered as many as 303 security incidents, including cases where simple login verifications were exploited by hackers. Last year, ViaBTC implemented a comprehensive security upgrade plan for user accounts and fully optimized security measures relating to security information reset, security information modification, login password rules, and verification codes.

In addition, we also improved our risk control measures. To be more specific, within 48 hours after the password is reset, Withdraw, Revenue Sharing, and modification of the Auto Withdrawal address will not be available. Moreover, if you forgot the security information of your account, you can also reset the information by answering a few basic questions.

ViaBTC aims to provide users with secure, stable one-stop mining services.

5. Over 1.1 million users served globally

As a comprehensive crypto mining pool serving a global user base, ViaBTC has remained committed to security, transparency, fairness, and freedom. Through six years of growth, we have rolled out more than a dozen of mining services, covering cryptos such as BTC, LTC, and ETC. Previously only available in one language, our products now support five languages, including simplified Chinese, traditional Chinese, English, Russian, and Spanish. To date, ViaBTC Pool has provided secure, stable one-stop mining services for over 1.1 million users across more than 130 countries and regions.

Today, as the global demand for crypto grows, an increasing number of investors have turned to crypto mining. For mining pools, this presents both challenges and opportunities. At ViaBTC, we always believe that in addition to providing a full range of cryptos for mining, an outstanding pool should also be able to offer steady returns and first-rate, beginner-friendly products and services.

Over the years, ViaBTC has made solid efforts to achieve that goal. Despite the setbacks in 2022, we intend to grow and evolve alongside our users in the new year.

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