WhitePool

WhitePool reached a top-15 global mining pool ranking within its first weeks of live operation. The pool aggregates hashing power from miners worldwide via SHA-256 and SHA-256 AsicBoost-compatible ASIC hardware and distributes rewards under a Full Pay Per Share (FPPS) model, guaranteeing a fixed payout for every valid share submitted regardless of block-finding luck or pool hashrate variation. The mining fee is 2%; payouts settle directly to a miner's main balance on the WhiteBIT exchange, removing an intermediate withdrawal step. Miners access dashboards displaying live valid hashrate, stale share ratios, and full payout history, with configurable notifications for worker-state changes. A 24/7 support team operates in English, Spanish, Turkish, and additional languages. WhitePool's infrastructure runs on a separate backend from the WhiteBIT exchange, a design the company cites as the basis for pool-level uptime stability.

By early October 2024 (roughly two months after launch), WhitePool's hashrate had surpassed 7 EH/s, with the pool averaging two to three blocks per day and clearing more than 300 blocks per month. On October 8, 2024, WhitePool mined six blocks in a single 24-hour window, generating $1,206,637 (19.36 BTC). As of mid-2025, the pool's live hashrate was tracking at approximately 5.5 EH/s, per monitoring data from Hashrate.no.

WhiteBIT, which operates WhitePool, is led by CEO Volodymyr Nosov and recorded $2.7 trillion in cumulative trading volume in 2024, the year it was ranked Europe's largest cryptocurrency exchange by traffic, having grown fivefold since 2022. The broader W Group ecosystem served more than 35 million users across 150 countries as of early 2025, with 1,300 institutional clients and a staff of over 1,100 as of year-end 2024. WhiteBIT's commercial partnerships include FC Barcelona and Visa. Its product suite beyond WhitePool includes Whitepay (crypto-acquiring), WhiteSwap (decentralized exchange), White.market (gaming marketplace), Whitechain (a proprietary layer-1 blockchain with the native WBT token), and WhiteEx (crypto-to-card). Security firm Hacken.io has rated WhiteBIT among the three most secure cryptocurrency exchanges in its published audit findings.

Beyond serving individual miners, WhiteBIT has opened WhitePool's infrastructure as a white-label service, allowing third-party operators to deploy branded Bitcoin mining pools on the same backend. CEO Volodymyr Nosov announced U.S. market entry in December 2024, with institutional growth and international geographic expansion named as the exchange's primary targets for 2025.