WhitePool, launched by WhiteBIT, has quickly established itself as a competitive participant in the global crypto market.
WhiteBit, one of Europe’s leading cryptocurrency exchanges, is making headlines for all the right reasons.
On October 8, 2024, WhitePool by WhiteBIT made a significant impact, mining six blocks in a single day and earning an impressive $1,206,637, or 19.36 BTC. Quite a successful day!
WhitePool: A Rising Star
Launched in August 2024, WhitePool has quickly established itself as a force to be reckoned with in the global mining space.
It’s already ranked among the top 15 mining pools worldwide, thanks to its high hash rate and user-friendly features.
By early October, WhitePool’s hash rate surged past 7 EH/s, averaging 2-3 blocks mined daily, with over 300 blocks mined each month since its inception.
WhitePool has consistently delivered remarkable performance, and most recently, set a new platform record by mining six blocks in just one day, generating $1,206,637 (19.36 BTC) in rewards. Quite impressive for a day’s work!
In the competitive cryptocurrency mining sector, WhitePool stands out by focusing on efficiency and customer satisfaction. Its user-friendly platform appeals to both novice and experienced miners alike.
WhitePool’s FPPS System: A Game Changer
WhitePool is revolutionizing the market with its Full Pay-Per-Share (FPPS) system. Miners benefit from a stable daily income with fixed payouts for each share of work, without having to wait for blocks to be mined.
The best part? Rewards are directly credited to miners’ main balances on the WhiteBIT exchange, with no additional fees.
As of 2024, the global Bitcoin mining market has exploded to over $20 billion, with around 500,000 transactions processed each day.
This rapid growth underscores Bitcoin’s global adoption. WhitePool, with its efficient and transparent reward system, is poised to compete strongly in this booming market.
More Than Just WhitePool
While WhitePool is getting much attention, WhiteBIT remains a robust platform for multiple reasons.
It offers access to over 600 trading pairs and 300 digital assets, along with spot, margin, and futures markets. The platform’s user-friendly design makes trading straightforward.
WhiteBIT allows up to 100x leverage on futures and 20x on margin trades. Additionally, users can earn up to 24.85% interest with WhiteBIT’s crypto-earn products.
The platform also offers loans against assets, and its token, WBT, reduces trading fees while recently gaining in value.
On top of that, WhitePay supports global crypto payments and decentralized swaps.
Mining pools are proving to be a goldmine for miners aiming to maximize profits. Rather than mining solo and facing unpredictable outcomes, miners can pool their resources to increase their chances of earning rewards.
Final Thoughts
WhitePool, a project by WhiteBIT, has quickly emerged as a major player in the global cryptocurrency market. Its impressive mining features, combined with systems like FPPS, are shaking up the industry.
As WhitePool continues to grow and evolve, it is well-positioned to seize new opportunities and make an even bigger impact on the mining community worldwide.
