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Cryptocurrency News Articles

ViaBTC 2024 Annual Review: Total Output Exceeds $3.2 Billion with Over 1.7 Million Users

Jan 24, 2025 at 07:11 pm

As a deep participant and builder in the crypto mining sector, ViaBTC delivered an impressive performance in 2024. By continuously refining its mining pool technology, enhancing product and service experiences, and expanding into global markets, ViaBTC stood out in the highly competitive market, achieving steady growth in hashrate across multiple mining pools and further solidifying its industry-leading position.

ViaBTC 2024 Annual Review: Total Output Exceeds $3.2 Billion with Over 1.7 Million Users

Despite the approval of a U.S. spot ETF, the Federal Reserve cutting interest rates, and Donald Trump’s successful election win, Bitcoin failed to break the $100,000 mark in 2024. Instead, crypto became less prominent in the global financial market. Additionally, Bitcoin’s fourth halving was postponed until August 2024.

However, as a deep participant and builder in the crypto mining sector, ViaBTC delivered an impressive performance in 2024. By continuously refining its mining pool technology, enhancing product and service experiences, and expanding into global markets, ViaBTC stood out in the highly competitive market, achieving steady growth in hashrate across multiple mining pools and further solidifying its industry-leading position. Let’s revisit ViaBTC’s remarkable achievements over the past year through this annual review.

Total annual output exceeds $3.2 billion with over 1.7 million users

According to public data, ViaBTC helped miners generate approximately $3.2 billion worth of cryptos in 2024. Among them, the Bitcoin mining pool produced over 30,000 BTC throughout the year, valued at approximately $2.7 billion as of January 1, 2025, accounting for 84% of the total output. Additionally, the annual merged output of LTC, DOGE, BELLS, JKC, PEP, and LKY mining was around $400 million, while the KAS mining pool contributed $20 million, and the BCH mining pool produced $12 million. High luck values are key to earning more block rewards, and ViaBTC’s robust and professional mining pool technology provides miners with a stable and efficient mining experience, ensuring consistent and reliable returns.

In terms of user base, by the end of 2024, ViaBTC had surpassed 1.7 million total mining users across more than 150 countries and regions worldwide. Among them, the Bitcoin mining pool maintained over 1 million active miners throughout the year, while the LTC/DOGE merged mining pool had over 200,000 active miners. Other pools, such as Kaspa and Bitcoin Cash, also experienced significant user growth, showcasing ViaBTC’s widespread global reach and market recognition.

BTC & KAS hashrate ranked #3; LTC/DOGE hashrate ranked #1

Hashrate is a core indicator of a mining pool’s overall strength and the foundation for its stable operation. In 2024, ViaBTC saw remarkable hashrate growth across multiple pools, with BTC, LTC/DOGE, and KAS pools delivering standout performances.

Thanks to professional technical support and continuous improvements in mining pool services, ViaBTC achieved steady growth in hashrate across multiple pools. For BTC, KAS, and LTC/DOGE, ViaBTC’s hashrate shares remained at the forefront of the industry.

Launched six new mining pools, expanding support to over 20 coins

In the global mining pool competition, single-coin services can no longer meet the diverse needs of users. With precise insight into industry trends, ViaBTC became a pioneer by offering multi-coin mining services. In 2024, six new pools were launched, including Alephium (ALPH), Fractal Bitcoin (FB), Bellscoin (BELLS), Luckycoin (LKY), PepeCoin (PEP), and Junkcoin (JKC).

At present, ViaBTC supports mining services for over 20 cryptos, including Bitcoin (BTC), Litecoin/Dogecoin (LTC/DOGE), and Kaspa (KAS).

Hosted 80+ giveaways and 10+ global meetups, returning over $200,000 to our community

In 2024, ViaBTC actively gave back to its global users, hosting over 80 reward campaigns and 10+ global meetups across major regions such as the Americas, Asia-Pacific, and the Middle East. Total rewards exceeded $200,000, including prizes like a 7-day, 6-night trip to El Salvador, substantial USDT bonuses, customized commemorative merchandise, and the latest ASIC mining rigs, all of which reflect ViaBTC’s sincere commitment to its users.

Through offline meetups, ViaBTC engaged directly with miners and partners, fostering stronger brand recognition and trust among users while gathering valuable feedback to improve its services. These initiatives allowed users to truly experience ViaBTC’s dedication and also strengthened connections between the mining pool and its global users.

Looking forward to 2025: Staying focused on mining pools and improving products and services

In 2024, ViaBTC once again demonstrated its strength as a global leading mining pool with its steadily increasing hashrate, extensive user base, and robust multi-coin support. Looking ahead, ViaBTC will remain focused on advancing its mining pool

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