The expression “stay hungry, stay foolish”, which is also the personal motto of Haipo Yang, the founder of ViaBTC, exactly represents people’s first impression of this man: a very thoughtful person with a profound knowledge reserve, but modest as a fool. As we know, it is the boss who determines the temperament of his company. In previous user surveys, most users said that ViaBTC is “a low-profile, pragmatic, rigorous and professional company with commitment.”
Low-profile and pragmatic, ViaBTC lays a solid foundation and makes steady progress
Since 2017, cryptocurrencies have become widely known outside the circle, and the Initial Coin Offering (ICO) has become a popular way to raise funds around the world. However, research shows that nearly 80% of ICO projects are scams. Due to the occasional myth of making a fortune overnight in the crypto industry, some users mistakenly believed that crypto assets promise staggeringly high returns. Amid such unrealistic expectation, the crypto circle was labeled as “fickleness”.
In 2017, one year after the founding of ViaBTC, its BTC hashrate entered the top five in the world, and the mining pool was favored by a large number of miners. ViaBTC did not stop there. It still put user experience first, constantly refining its products and working down-to-earth. Its efforts paid off as multiple mining pools supporting mainstream cryptocurrencies such as LTC, DASH, and ZEC went live in succession. Up to now, ViaBTC has provided mining services for 16 kinds of cryptocurrencies, with a cumulative mining output of tens of billions of dollars.
Rigorous and professional, ViaBTC ensures more stable mining profits with strong technical strength
Only an excellent team can make the company go further. Believing that “the team is the first product of the company”, ViaBTC regards its team as the most important competitiveness and the most central product. By constantly recruiting talents, ViaBTC has built a strong global professional team. The team members used to work at well-known Internet and financial companies around the world, and more than 60% of them are R&D workers. It is fair to say that ViaBTC is a technology-driven company.
Haipo Yang, the soul of the team, also has a technical background. He attaches great importance to the R&D team and often sets examination questions for candidates in person. He often says that the mining pools are technical projects, but many people have underestimated the technical requirements of the mining pools. Without technical support, both stable mining profits and security would become empty talk.
Therefore, Yang is strict with his team members, requiring them to be responsible for their code, including details such as spaces and blank lines, naming of function variables, logical abstraction, allocation, and architecture design, and to conduct code reviews at every step. For this reason, ViaBTC has not experienced any technical accident since its inception 6 years ago and remained the mining pool with the lowest orphan rate in the entire network. As we all know, the lower the orphan rate, the stabler the profits for miners. As a result, ViaBTC Pool always outperforms its peers a bit in terms of mining profits.
Source: https://www.viabtc.com/statistics
With commitment, ViaBTC “makes the world a better place via blockchain”
In this era of intensive competition and uncertainties, the crypto industry has experienced several major reshuffles over the past decade. Some companies go under, while new ones rise. ViaBTC, established in 2016, has stood the test of time and gradually expanded its business. The team that once had only dozens of members has now developed into a blockchain group with hundreds of employees. ViaBTC is well aware that stability matters most. If users cannot mine blocks, the mining pool would be useless despite all its efforts in events and publicity.
To this end, the R&D team of ViaBTC, against all odds, upgraded the underlying architecture of the mining pool, deployed multiple bitpeer implements, introduced blockmaster, and further optimized block broadcast transmission to minimize the delay. In terms of products and services, ViaBTC launched “Auto Conversion/Withdrawal”, “Hedging Service”, and “Crypto Loans”, and provides intuitive display of open and transparent mining statistics, coupled with “Hashrate Warning”, to escort its users on their mining journey.
Today, by virtue of its professional technologies and high-quality products, ViaBTC has evolved from a mining pool with a single business to an all-encompassing ecosystem, serving more than 4 million users from over 200 countries and regions around the world. Its operations, including ViaBTC Pool, CoinEx Exchange, CSC, ViaWallet, and ViaBTC Capital, are all indispensable infrastructures of blockchain. In the future, ViaBTC will stay committed to becoming a “crypto gateway” for more users and, via blockchain, making the world a better place. This is not only ViaBTC’s commitment, but also its mission.