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Description
A solo mining pool is structured such that each miner operates independently, meaning that only the miner who successfully discovers a block receives the entire reward, while others in the pool do not earn anything. The time it takes to find a block relies on both the miner's hashrate and an element of chance. After initiating the mining process, the average hashrate can only be accurately calculated after a minimum duration of 30 minutes. This hashrate assessment is based on the shares submitted by the miner, which may fluctuate compared to the figures displayed in the mining software. Furthermore, mining pools ensure that they only retain your coins for as long as necessary to confirm transactions and process payouts. Each mining pool operates under a reward system tied to block discovery, commonly referred to as SOLO, wherein rewards are granted strictly for finding blocks, with no compensation for submitted shares or time invested. Mining itself is a highly intricate computational task, and results can vary significantly; for instance, a miner might discover nine blocks with a luck value below 20%, yet also hit a block with an astonishing luck value of 700%, illustrating the unpredictable nature of this endeavor. This variability in luck highlights the challenges and excitement that come with solo mining.
Description
ViaBTC has provided cryptocurrency mining services to users across over 130 countries, facilitating the mining of coins valued in the billions of dollars. The majority of the ViaBTC team hails from leading internet companies, ensuring a high level of expertise and professionalism. A secure and stable mining network is operational 24/7, offering a variety of visual data representations along with real-time and comprehensive statistics for both the mining pool and individual miners. The platform supports multiple payout methods, including PPS+, PPLNS, and SOLO, while maintaining lower fees to maximize mining profits. Users can quickly inquire about their miners and potential earnings, as ViaBTC relies on carefully selected mining farms that guarantee quality communication. Additionally, ViaBTC Cloud Mining allows users to purchase cryptocurrency at reduced costs, streamlining the management of multiple pools and accounts. Real-time updates on hashrate and miner status are readily accessible, and various handy tools such as a Profit Calculator and Tx Accelerator enhance the user experience. The platform also features an integrated multi-cryptocurrency wallet for easy deposits and withdrawals, with automated profit withdrawals that come without transaction fees. Moreover, ViaBTC offers a Hedging Service that helps users manage coin price risks and secure their profits in advance, ensuring a more stable and profitable mining experience.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
SoloPool.org
Website
solopool.org
Vendor Details
Company Name
ViaBTC
Founded
2016
Website
www.viabtc.com
