ViaBTC is a mining pool based in China. It was launched in 2016 by Sarah Ouyang and since then has become one of the largest mining pools in the area. The pool supports 14 currencies including Bitcoin, Bitcoin SV, Bitcoin Cash, Ethereum, Ethereum Classic, Monero, and other coins.
ViaBTC offers a feature called Smart Mining. It has two options: One-click Switch and Smart Mining. One-click Switch is available for Bitcoin and Ethereum pools. It allows miners to switch to mining a different cryptocurrency without wasting time on the configuration of the mining process. The Bitcoin pool allows switching in one click between BTC, BCH, BSV, and FCH. The Ethereum pool allows switching Ethereum to Ethereum Classic and vice versa.
The pool supports the following reward algorithms: PPS+, PPLNS, and SOLO.
The fees on ViaBTC are frequently criticized for being high. The block reward fees are 4% for the PPS+ payment method and 2% in the case of PPLNS mode. The SOLO miners are charged with a 1% fee both while mining and withdrawing. Withdrawals for the PPS+ and PPLNS miners are charged with 2% fees. In the case of merged mining, the second currency comes for free.
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