Mining Pools
Business Description
ViaBTC, a Shenzhen-based cryptocurrency mining pool founded in May 2016 by CEO Haipo Yang and co-founder Pan Zhibiao, supports nine proof-of-work digital assets and serves users across 150-plus countries and regions.
Yang, a mathematics graduate of Northwestern Polytechnical University of China who previously worked as a developer at Tencent Weibo and Hong Kong brokerage FUTU, wrote the initial pool code himself. ViaBTC mined its first BTC block on June 5, 2016. In March 2017, the company raised ¥20 million (approximately $3 million) in a Series A round led by Bitmain. Later that year, ViaBTC launched CoinEx, a cryptocurrency exchange now operating as a standalone subsidiary within the ViaBTC Group. The group reports cumulative mining output value in the multi-billion-dollar range since inception.
The pool supports Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum Classic (ETC), Zcash (ZEC), Dash (DASH), Nervos CKB, Handshake (HNS), and Kaspa (KAS). As of early May 2026, ViaBTC's BTC pool hashrate stands at 86.20 EH/s against a global network of 977.98 EH/s (approximately 8, 9% of total Bitcoin hashrate), placing it among the three largest Bitcoin mining pools globally alongside Foundry USA and AntPool. The pool reports more than one million registered users.
Three payout models are available: PPS+ (4% fee, with coinbase rewards calculated via PPS and transaction fees via PPLNS), PPLNS (2% fee), and SOLO. Profits settle hourly. The platform integrates a multi-currency wallet supporting zero-fee crypto-to-crypto conversion and zero-fee transfers to CoinEx accounts. A 24/7 crypto-loan facility allows miners to borrow against holdings without forced liquidation. A proprietary Bitcoin Transaction Accelerator enables users to prioritize unconfirmed transactions during periods of elevated mempool congestion.
ViaBTC was an early backer of the Bitcoin Cash hard fork that activated on August 1, 2017, at block 478,559, and sustains a BCH pool contribution of 1.32 EH/s as of current data. In July 2020, ViaBTC Group and Bitmain's Supercomputing Center Research Institute announced a global partnership to build a professional mining-resources platform. In December 2020, ViaBTC formalized a separate strategic cooperation with AntSentry (a Bitmain subsidiary focused on large-scale miner monitoring) covering technology, operations, maintenance, marketing, and customer service.
Infrastructure nodes are globally distributed to minimize latency, backed by a multi-level risk-control system. ViaBTC cites its low orphan-block rate as a PPS+ payout-accuracy differentiator. ViaBTC's KAS pool at 89.57 PH/s and CKB pool at 15.96 PH/s reflect expanding coverage of emerging proof-of-work networks as the platform approaches its tenth anniversary.