To offer miners more options, ViaBTC will officially introduce the Alephium (ALPH) mining pool on October 29, 2024, accompanied by a 30-day zero-fee mining promotion. During the event, ALPH miners can take full advantage of ViaBTC's premium mining services while enjoying the benefits of zero-fee mining to maximize their profits.
What is Alephium?
Launched in August 2021, Alephium is a Layer 1 blockchain built on the BlockFlow algorithm. It enhances Bitcoin's UTXO model and integrates DAG and sharding technologies to improve network efficiency and scalability. It also supports Turing-complete smart contracts.
Alephium uses the PoLW (Proof of Less Work) consensus mechanism, adding a coin-burning to traditional PoW. Over time, miners burn some of their coins, converting part of their external (energy, equipment) costs into internal (burning coins inside the network) costs. This reduces energy consumption while maintaining network security by controlling mining expenses.
ALPH is Alephium's coin, with a total supply of 1 billion. Nearly 90 million coins are currently in circulation, with 91% still to be mined. Alephium's block time is about 1 second, and block rewards are dynamically reduced based on network hashrate and timestamps, with each block currently rewarding 0.5 ALPH.
Mine ALPH with ViaBTC — Fastest Payments
As a leading global mining pool, ViaBTC always prioritizes miners' interests. To help miners get their rewards faster, ViaBTC's ALPH mining pool offers PPLNS and SOLO payment methods, with rewards distributed every ten minutes — the fastest in the industry. Miners can receive their ALPH rewards quickly and choose to withdraw or transfer to an exchange for trading. Additionally, ViaBTC will soon launch a conversion service that allows miners to automatically or instantly convert their ALPH rewards into USDT.
Whether you're looking to convert your earnings to USDT quickly or prefer to hold ALPH long-term, ViaBTC is the best choice. With eight years of reliable operation, over a million users trust ViaBTC's security and dependability worldwide. ViaBTC's efficient payment system, along with its automated and diversified asset management services, enables miners to easily track their earnings and manage their assets, enjoying transparent payments and premium asset management services.
To thank miners for their continued support, ViaBTC is offering a 30-day zero-fee promotion alongside the launch of the ALPH mining pool. All ALPH miners will enjoy zero-fee mining from October 29 to November 28, 2024. After the promotion, standard fees will apply, so don't miss out on this great opportunity. For more information, please see the event announcement on ViaBTC's official website: https://www.viabtc.com.
About ViaBTC
ViaBTC, founded in May 2016, has provided professional, efficient, safe, and stable crypto mining services for over one million users in 150+ countries/regions worldwide, with a cumulative mining output value of tens of billions of dollars. This world-leading, all-inclusive mining pool offers services spanning more than ten mainstream cryptos, including BTC, LTC, and KAS. Backed by one-stop ecosystem services encompassing ViaBTC Pool, CoinEx Wallet, and CoinEx Smart Chain (CSC), ViaBTC strives to offer global users more diverse supporting tools, stabler and more efficient mining services, and better product experiences.