Huobi Pool is one of the largest crypto mining pools globally, leveraging the brand name and influence of the Huobi cryptocurrency exchange. Launched in 2018, Huobi Pool has rapidly grown its share across major coins like Bitcoin and Ethereum to become a competitive force among mining pools.
The Key Features of Huobi Pool
Huobi Pool is owned and operated by the team behind Huobi Global, which consistently ranks among the top crypto exchanges worldwide by trading volume.
Some key features offered by Huobi Pool include:
- Mining support for 10+ major cryptocurrencies.
- Mines over 10% of Ethereum blocks.
- Low pool fees as low as 0% exclusive fee programs.
- Customizable payout schemes and minimums.
- Yields, bonuses and subsidies for loyal miners.
- Access to Huobi Global’s ecosystem of products.
- 24/7 technical support service.
This range of benefits combined with Huobi’s brand influence provides a compelling proposition for crypto miners.
Multi-Currency Mining Support
A key advantage of Huobi Pool is support for mining a wide variety of top cryptocurrencies including:
- Major coins like BTC, ETH, BCH, LTC, DASH, ZEC.
- Exposure to newer assets like Filecoin, Nervos CKByte, HC.
- Established and newer consensus algorithms like Proof-of-Work, Proof-of-Stake and Proof-of-Spacetime.
This diversity allows miners to spread risks and tap opportunities across multiple crypto assets from one unified interface and wallet.
Competitive Fee Structures
Huobi Pool charges competitive fees that vary based on the coin starting from just 0.5% up to 2.5%. Discounts are offered for high volume miners.
Special programs like the Point List exclusive fee program allows loyal miners to earn points and collect rewards that can decrease pool fees to zero.
Payouts are made daily through Huobi Pool’s internal wallet. Transaction fees for payouts are covered by the pool making earnings predictable.
Pool Bonuses and Promotions
Huobi Pool offers miners bonus schemes, subsidies and promotions to maximize earnings:
- Sign up bonuses for new users proportional to starting hashrate.
- Bonuses for recruiting other miners as referrals.
- Subsidy programs that reward long term miners for loyalty.
- Promotional campaigns during major holidays and festivals.
These incentives help improve profitability for loyal Huobi Pool miners.
Tracking and Monitoring
Huobi Pool provides data-rich analytics and visualizations to track in real-time:
- Hashrate contributed across multiple worker IDs.
- Estimated earnings and payout details.
- Historic records of payout transactions.
- Charts showing past hashrate, rewards, and bonuses.
This enables miners to closely monitor pool performance.
Conclusion
Leveraging the strength of the Huobi brand, Huobi Pool has established itself among the top mining pools globally across both Bitcoin and Ethereum. Its diverse coin options, competitive fee structures, loyalty incentives, and robust analytics make it an attractive choice for miners seeking a feature-rich and reliable pool. As crypto mining gets more competitive, Huobi Pool remains well positioned to retain and grow its share.