ViaBTC Introduces Zero Fee Month: Boosting Mining Revenue with KAS

In an exciting development for the crypto mining community, ViaBTC has announced a special zero-fee month for mining Kaspa (KAS). This initiative is designed to support miners in maximizing their profits by eliminating the typical fees associated with mining on the ViaBTC pool. Running from May 31 to June 30, 2023, this zero-fee month promises to increase miners’ revenue by approximately 4%.

The Rise of Kaspa (KAS)

Kaspa has rapidly gained popularity among miners, especially following the Ethereum merge and the subsequent closure of Ethereum’s Proof-of-Work (PoW) mining. As GPU miners sought new opportunities, Kaspa emerged as a viable alternative due to its promising features and potential for profitability. Kaspa’s mining is based on the kHeavyHash algorithm, which is resistant to ASIC miners and therefore highly suitable for GPU mining. This algorithm, combined with Kaspa’s unique BlockDAG structure and the PHANTOM protocol, ensures efficient and secure mining operations.

The BlockDAG structure allows for faster block generation and improved decentralization, making Kaspa an attractive option for miners. By the first quarter of 2023, Kaspa had experienced a significant surge in its token price, further solidifying its place in the mining community. The completion of the Rust Alpha release in April 2023 also contributed to its growing popularity.

Kaspa’s innovative technology, including the BlockDAG and the PHANTOM protocol, enables it to process blocks and transactions rapidly and efficiently. This has led to a significant increase in Kaspa’s hashrate, tripling since the start of 2023. From March to May 2023, the hashrate soared from 400TH/s to over 1,000TH/s, with a block reward of 233.08 KAS, positioning Kaspa as the leading cryptocurrency in GPU mining in terms of hashrate, surpassing other well-known projects like Ethereum Classic (ETC).

ViaBTC’s Commitment to Miners

ViaBTC, known for its user-centric approach and comprehensive mining services, has consistently ranked among the top mining pools globally. The pool offers innovative features such as Smart Mining, which optimizes profitability by directing hashing power to the most lucrative cryptocurrencies using the same algorithm. Additionally, ViaBTC supports revenue sharing for partnered mining, enabling efficient distribution of earnings among participants.

With the launch of the zero-fee month, ViaBTC aims to further enhance the mining experience for its users. By waiving the usual fees, miners can enjoy higher returns on their mining efforts. For instance, a miner using the PPS+ payment method with a 0.01 TH/s hashrate would typically earn approximately 171.24 KAS daily. During the zero-fee month, this figure increases to about 178.37 KAS per day, resulting in a total monthly revenue boost from around 5,137.2 KAS to 5,351.1 KAS.

Advantages of Mining KAS with ViaBTC

• Frequent Revenue Settlement: ViaBTC settles and distributes mining revenue every 10 minutes, allowing miners to access their earnings quickly. This frequent settlement cycle enhances liquidity and enables miners to manage their assets more efficiently.
• Diverse Asset Management Options: ViaBTC supports multiple asset management methods, including fee-free transfers within the pool and instant, fee-free withdrawals to CoinEx Exchange. Additionally, users can manually or automatically withdraw cryptocurrencies to a wallet address, with minimal fees charged consistent with the KAS network.
• Innovative Mining Technologies: ViaBTC’s advanced technologies and robust infrastructure provide miners with a secure, stable, and efficient mining environment. The pool supports GPU mining with both solo and merged mining options, catering to a wide range of miners.

How to Get Started with KAS Mining on ViaBTC

For those new to Kaspa mining or looking to switch pools, getting started with ViaBTC is straightforward:

• Register a ViaBTC Account: Visit the ViaBTC website and create an account using your email.
• Select KAS Mining: Navigate to the KAS mining section within the ViaBTC pool and configure your mining setup. ViaBTC provides detailed instructions and support to help you get started quickly.
• Configure Mining Software: Choose from compatible mining software such as GMiner, lolMiner, or BzMiner, and set up your mining hardware. Kaspa mining supports both AMD and NVIDIA GPUs, with mainstream GPUs requiring a minimum of 3GB for solo mining and 6GB for duo mining.

Conclusion

The zero-fee month introduced by ViaBTC for Kaspa mining represents a significant opportunity for miners to enhance their profitability. By leveraging ViaBTC’s advanced mining pool features and the unique advantages of Kaspa, miners can achieve higher returns and optimize their mining operations. This initiative underscores ViaBTC’s commitment to supporting its mining community and promoting innovative, profitable mining solutions.

As the crypto mining landscape continues to evolve, initiatives like ViaBTC’s zero-fee month will play a crucial role in shaping the future of mining, offering miners new opportunities to thrive in a competitive environment.