Join Forces with WhitePool! Launch Your Own Mining Pool on WhiteBIT!

WhiteBIT
Published 01 August 2024
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Join Forces with WhitePool! Launch Your Own Mining Pool on WhiteBIT!

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For a long time, we have been waiting and preparing for this moment to announce the launch of our new product, which is literally worldwide in scale: the WhitePool mining pool is open!

This is a powerful new step in the development of the WhiteBIT ecosystem, which will open up many opportunities for professional miners to earn money on our platform. So, here are the details of WhitePool’s operation!

Before you fully immerse yourself in all the features of our mining pool, take a look at this cool opportunity!

To celebrate the launch of WhitePool, we are running an ‘Early Miner’ promotion that will give all participants who meet the conditions a 50% discount on the fee, 1% fee instead of 2%, for using WhitePool from August 1 to September 30!

It’s all simple: sign up on WhiteBIT, create a mining account in WhitePool with at least one unit of mining hardware connected, and join our closed super mining community on Telegram! Details of the Promotion are here

And now…

Meet WhitePool!

WhitePool combines the computing power of miners from all over the world to increase the chances of finding a new block on the Bitcoin network. Anyone with compatible hardware and a WhitePool URL can access the platform, which supports the SHA256 algorithm.

Important: Anyone can join WhitePool, but first, you must register on the WhiteBIT crypto exchange. Thereafter, you can start providing your capacity for WhitePool. To learn how to connect, read the detailed “Connecting to WhitePool: Step-by-step Instructions.”

Usually, to receive a reward, you need to reach the minimum amount of BTC, manually initiate a transfer, wait for processing, and deal with wallets. 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa… Forget it. On WhitePool, bitcoins (BTC) rewards are credited to the Main balance on the WhiteBIT exchange. This simplified process allows you to make a profit without any extra steps. That is, without transferring funds yourself, waiting for transactions to be processed, and paying network fees.

Moreover, a wide ecosystem of WhiteBIT allows you to immediately use these funds for active trading, buying other cryptocurrencies, or converting them into national currencies. For example, if you put funds into a Crypto Lending plan, you can additionally receive up to 17.39% of your annual return in BTC.

WhitePool offers the FPPS (Full Pay Per Share) reward system. The articles in the Help Centre explains this system in more detail.

Advantages of the WhiteBIT Mining Pool

The WhitePool mining pool is an innovative platform that offers the most favorable conditions for professional miners. Reliability, security, and ease of management are the main principles on which we have built the platform:

  • Security level: WhiteBIT

WhitePool’s infrastructure is backed by the centralized crypto exchange WhiteBIT, which is one of the most secure exchanges according to audits by Hacken.io and the certification platform CER.live.

  • 0% network fees for receiving rewards

The reward for participating in block mining is automatically credited to the exchange’s Main balance without additional network fees for transactions.

  • FPPS reward method 

In the mining pool by WhiteBIT, it is possible to receive a fixed reward for each share that is transferred to the network. This type of reward ensures that miners are compensated for their work regardless of whether the pool successfully mines a block or not.

  • VIP program for the most powerful miners 

One of the advantages of the VIP program will be lowered fees for using the pool, stable rewards for miners with powerful hardware, and other additional features that we will announce very soon. So stay tuned!

  • Dedicated multilingual support team 24/7

Our expert support team is always ready to help with any questions in English, Ukrainian, Georgian, Polish, Spanish, and Turkish.

  • Easy-to-use interface

WhitePool has a user-friendly interface, as well as the necessary functionality to control equipment and production, share access to the dashboard and track equipment efficiency, set up status change notifications for one or more workers, and many other tools.

Thus, WhitePool is an ideal choice for miners who value security, an intuitive interface, and the possibility of long-term investment with other products of the WhiteBIT ecosystem.

So, if you are ready to join forces with us, follow the link and connect your hardware to WhitePool right now!