Nearly two weeks have passed since Bitcoin’s fourth halving, and the initial excitement is subsiding as investor interest cools down. Amidst the ever-shifting cryptocurrency industry, the ViaBTC team, known for mining block 840000, played a crucial role in this recent halving. After receiving widespread accolades, they have returned to focusing on core product development as they enter their eighth year in the crypto sector. Yang Haipo, the founder of ViaBTC, has been a believer in Bitcoin’s potential since 2011 and actively contributed to its growth before establishing ViaBTC in 2016. The mining pool quickly rose to the top five in global BTC computing power and has mined nearly 40,000 BTC blocks to date.
In Bitcoin mining, “luck” refers to the ratio of actual blocks mined versus expected blocks within a statistical period, akin to rolling dice where outcomes are uncertain. ViaBTC prioritizes long-term stability over transient luck, recognizing that Bitcoin’s value goes beyond immediate gains. By implementing the PPS+ payout model, they ensure miners receive stable earnings even during periods of no block mining, enhancing rewards through mining fees. This approach has solidified ViaBTC’s position among the top three global BTC computing powers over eight years, showcasing their commitment to long-termism and belief in Bitcoin’s enduring value.
The cryptocurrency market is volatile, leading to uncertainty in the mining sector. Mining pools that aim to reduce miners’ risks and absorb more significant risks themselves face unpredictable trajectories, with some pools forced to exit due to losses and trust crises. ViaBTC focuses on stabilizing miners’ earnings and enhancing the mining service experience by evaluating new cryptocurrency introductions and features rigorously to align with miners’ needs and preferences. They prioritize customer support, educational events, and rewards programs to provide a comprehensive experience for miners and plan to continue offering benefits for their upcoming eighth anniversary.
ViaBTC’s philosophy revolves around seeing time as an ally and consistently doing the right thing in the fluctuating cryptocurrency market. Their steadfast commitment to safe and stable mining services, user experience, and service quality has garnered trust and support from users, making them a preferred choice for both novice and experienced miners. Over the past eight years, ViaBTC has upheld a belief in Bitcoin’s potential, offering stable, secure, and high-quality mining services that have positioned them as a significant contributor to the Bitcoin network.
With a focus on technological innovation, reliable earnings models, and superior customer service, ViaBTC aims to continue offering stable, secure, and enhanced mining services while supporting the stability and development of the Bitcoin network. By embracing a long-term approach, they pledge to provide a better world through blockchain technology, advancing the mission of “Via Blockchain, Making the World a Better Place.” ViaBTC’s dedication to long-termism has not only sustained their growth and expansion in the competitive market but also earned them the trust of users and industry stakeholders worldwide.
