ViaBTC | Pro Tips from ViaBTC in “Burger Day Vol.3”

The “Burger In, Bitcoin Out” Vol.3 carried out by ViaBTC on Twitter on October 21st was a great success. Users actively participated in the event by posting burger pics and sharing their answers to “What help do you want to get when mining?”. Hundreds of comments were received, and here we’ve selected some of them to answer. All 14 selected askers will share a 300 USDT prizing pool. Congrats!

Before answering your question, you need to know that after investing money in mining, the profit depends on two factors: electricity cost and crypto price.

The electricity fee paid by most miners every day is comparatively stable, and the only uncertainty comes from the future price of the mined cryptocurrency. The crypto market is seeing a harsh winter, and most cryptocurrencies including Bitcoin have witnessed a tailspin after the record high last year. Yet experience in the past decade or more indicates that the market is in an upward spiral. We are unable to tell you the exact money you can make from mining, but history has proven that those who stay the course are always rewarded handsomely.

As for whether cryptocurrency mining is illegal, the regulatory policy varies in different countries/regions. It is advised that you check relevant policies in the country or region where you operate in advance.

Crypto is supported in most countries/regions but is still banned in some places because of its particularity. You need to understand the regulatory policy of that country/region before crypto mining.

For example, mining is legal in Country A yet illegal in Country B, and you are running a cryptocurrency mining program in Country A. When you travel to Country B, you can still log into your account since your mining takes place in Country A, and that does not go against the laws of Country B. (Chinese Mainland is an exception as the local government requires us to stop providing services for local miners)

For those who are keen on mining Bitcoin or other cryptocurrencies but have little knowledge of the process, ViaBTC has set up a “Help Center” on its website and mobile app, and the “Mining Guide” section contains detailed steps for mining coins supported by ViaBTC and configuration of mining machines. If the “Help Center” cannot solve your problem, you can submit a request describing your problem and provide your email address. A member of our support staff will respond as soon as possible.

To profit from the ever-changing crypto market, we must learn to control emotions and stay positive. Miners should be far-sighted. Throughout the history of cryptocurrencies, even those early comers could not necessarily reap the profits for financial freedom. Most of them are speculators. They trade frequently at the first sign of change in the market, so they can hardly profit at last. Therefore, miners should be patient and hoard cryptos for a long time. Could you imagine ten years ago that a single Bitcoin would be worth tens of thousands of dollars?

In case of any problems during cryptocurrency mining in ViaBTC, you can visit ViaBTC website or mobile app and check the “FAQ” in the “Help Center”. It covers common questions on hashrate, profit, withdrawal, and deposit. If the “FAQ” cannot solve your problem, you can submit a request describing your problem and provide your email address. A member of our support staff will respond as soon as possible. You can also join our Telegram ViaBTC channel to report a problem. We’d recommend you to provide relevant screenshots so that we can help you out as fast as we can.

English: https://t.me/TheViaBTC

Spanish: https://t.me/ViaBTC_spanish

Russian: https://t.me/viabtcrussia

Persian: https://t.me/ViaBTCOfficialPersian

Chinese: https://t.me/viabtcCN

If you are a cryptocurrency mining beginner who knows little about the process, ViaBTC website and mobile app has a “Help Center”, and the “Mining Guide” section contains detailed steps for mining coins supported by ViaBTC and configuration of mining machines. In ViaBTC Blog, you can find various original blog posts related to mining, which can help you better understand the blockchain.

After the Terminal Total Difficulty (TTD) of 58,750,000,000T was hit at 06:43AM (UTC) on September 15, 2022, the Merge was officially activated, putting an end to Ethereum PoW. This dealt a heavy blow to original Ethereum miners as mining Ethereum had been quite profitable to them. At present, miners can still mine cryptos, and can invest hashrate in cryptocurrencies similar to ETH, like ETC.

ViaBTC has stopped the PoW mining service of ETH. If you want to keep PoW mining, it is recommended that you access the ETC mining pool. ViaBTC will continue to provide you with safe, stable, open and transparent one-stop mining services.

First of all, we would like to thank you for your trust and support. We not only offer detailed mining tutorials but also assign a customer service specialist to solve your concerns. Since its inception in 2016, ViaBTC has innovatively upgraded many of its features. For example, we upgraded Transaction Accelerator and provided both free and paid modes for miners with diverse needs. When the hashrate fluctuates to a threshold, the Hashrate Fluctuation Notification will send a timely notification to the miners, sparing them the trouble of staring at the hashrate panel. We also provide Hedging Services and Crypto Loans to help miners with their turnover of funds, so they can handle their funds more flexibly in the case of an extreme market.

ViaBTC will deliver infinite possibilities in the future. Stay tuned!

You can submit a request, on the official website or mobile App, describing your problem and providing your email address. A member of our support staff will respond as soon as possible. You can join our Telegram ViaBTC channel to report a problem. We’d recommend you provide relevant screenshots so that we can help you out as fast as we can.

ViaBTC has a “Blog” section on its official website and mobile App. We post high-quality content from time to time, and some of them are about the analysis of market dynamics and strategies. Welcome to follow this section.

New features, such as “Hedging Service” and “Crypto Loans”, have been launched to maximize profits for ViaBTC miners. Besides, ViaBTC also rolled out the “Referral Reward” program for miners’ benefit. Just register an account on ViaBTC and invite friends to mine on ViaBTC, and you can get 20% of referral rewards for a lifetime.

For more information, please follow us on

It is advised that deep-pocketed miners choose cryptocurrencies such as BTC and ETH with relatively high consensus, considerable price, and good stability. Although the mining output of these major cryptocurrencies is not much higher than that of minor ones, the latter generally bear the brunt of market slumps in the bad time. For miners seeking long-term profits, major cryptocurrencies should be on the top of their mining list.

As the market keeps fluctuating, stable mining profits require a product that allows automatic conversion to stable assets in real-time. For this reason, ViaBTC has introduced Auto Conversion and Auto-withdrawal. With the two features, miners can efficiently reduce exposure to price fluctuations and gain stable mining profits.

ViaBTC has launched “Hedging Service” and “Crypto Loans” for miners to flexibly hedge exposure to cryptocurrency prices and ensure smooth capital turnover. Based on the underlying logic of traditional finance, miners can maximize the value of their assets while obtaining long-term stable mining profits.

At the same time, ViaBTC provides miners with open and transparent mining data in a visualized manner. Hashrate Fluctuation Notification through SMS or email enables miners to monitor their hashrate in real-time.

ViaBTC offers Mining Profit Rankings and Profit Calculator. The Mining Profit Rankings show the official data of each PoW cryptocurrency and models including revenues of 24 hours, net profit of 24 hours, and coin prices. The Profit Calculator allows miners to quickly get the estimated daily yield after entering the current coin price, mining difficulty, PPS fee rate, and valid hashrate.

Due to the Ethereum (ETH) Merge, ViaBTC has stopped the ETH PoW mining service. If you still want to get ETH, you can choose to stake on other platforms. If you want to keep PoW mining, it is advised that you access the ETC mining pool. ViaBTC will continue to provide you with secure, stable, open, and transparent one-stop mining services.

Thank you all for participating, and congrats to the winners. For those who miss the opportunity, don’t worry. Stay tuned and look forward to the next “Burger Day”!

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