ViaBTC mining pool: Wallet Embedded, Trading All in One

ViaBTC
3 min readJun 24, 2020

The ViaBTC Group completed its global strategic upgrade on 30 May, and realized the financial empowerment of the mining pool to meet the diverse financial needs of miners.

After this upgrade, new features of ViaBTC mining pool can be summarized as: “ Wallet embedded, trading all in one.” ViaBTC is the world first mining pool that has a wallet embedded in the mining pool account. ViaBTC Group has successfully deployed multiple blockchain tracks such as the mining pool, the exchange, and the public chain, and has achieved impressive results.

Wallet Embedded in Mining Pool Account

Technological innovation has always been the core spirit of ViaBTC, and the concept of “Wallet Embedded, Trading All in One” is a perfect presentation of the innovation.

Each ViaBTC mining pool account has a built-in wallet module and carries four major functions:

  1. Revenue storage: Instant and safe storage of all mining revenue of users, and there is 0% risk of theft;
  2. Asset top up: Users can transfer assets to the account from other mining pools;
  3. Free withdrawal: Automatic withdrawal with zero handling fee once a day to any address and to CoinEx;
  4. Transaction acceleration: If there are delays in the confirmation of transactions due to the network congestion or low transaction fees, the mining pool will pack your transaction in priority. Vip users can enjoy several times of this privilege in a month.

Trading All in One. More than Just a Mining Pool

The wallet also has the trading functions. Users can exchange mined coins directly in the mining pool account. Besides, it also supports some currencies to be automatically converted to BTC, such as BCH, BSV, NMC, SYS, EMC, ELA, and DOGE. If the Smart Mining and Hourly Auto Conversion are enabled, users’ average income will be higher and protection will be better.

Mining Revenues Distributed 24 Times/Day

It is also worth mentioning that the ViaBTC mining pool is the world’s first mining pool that has supported the Hourly Auto Conversion between mined coins and USDT, which is more convenient for miners and secure their profits. Users only need to approve and authorization, and now it supports “immediate exchange manually” and “automatic hourly exchange”.

If users have needs of fiat and competitive coins trading, or financial management, ViaBTC mining pool also supports free withdrawal and transfers of their assets to CoinEx exchange to perform other activities, such as purchasing wealth management products for asset preservation and appreciation, and hedging services.

ViaBTC mining pool has always been committed to providing the best services and products for users. Haipo Yang, CEO of ViaBTC, said: “ Operations of ViaBTC mining pool and CoinEx exchange will be integrated in the future to realize the financial empowerment of the mining pool to meet the diverse financial needs of miners. This is another industry innovation after we pioneered the PPS+ revenue distribution model, which will improve the service level of the entire industry.”

Borders of mining pool are widen, just like the responsibilities and missions of ViaBTC. The blockchain provides the world with new possibilities, and ViaBTC also tries hard to provide new opportunities for miners. With “ wallet embedded, trading all in one” , ViaBTC embarked on a brand new journey.

About ViaBTC

ViaBTC mining pool is the fifth largest BTC mining pool and is also the largest BCH mining pool in the world. ViaBTC has served more than one million users from 130+ countries/regions with secure & professional services of cryptocurrency mining. It also pioneered the PPS+ revenue distribution model, which is safe and stable with higher revenue.

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