WhiteBIT’s WhitePool Ranks in Top 15 Global Mining Pools at Launch

WhiteBIT, a leading European crypto exchange, has introduced its new mining pool, WhitePool, which has quickly gained recognition, ranking among the top 15 global mining pools at launch. This achievement underscores WhiteBIT’s growing influence in the cryptocurrency industry and highlights the platform’s appeal to professional miners. The global cryptocurrency mining market is poised to reach $2.45 billion in 2024, with a projected CAGR of 12.9% through 2032, reflecting the increasing profitability in this sector, according to Cryptopotato.

WhitePool offers a user-friendly interface and operates on the Full Pay Per Share (FPPS) reward model, ensuring consistent payouts for miners. Additionally, it eliminates manual processes by automatically crediting rewards to users’ accounts without additional fees. The pool also features a VIP program offering reduced commissions and other benefits for high-power miners. As a part of WhiteBIT’s ecosystem, WhitePool represents a strategic expansion aimed at capturing the growing demand in the mining industry.