WhitePool

WhitePool (WhiteBIT Mining Pool)

WhitePool is a Bitcoin (BTC) mining pool offered as part of the WhiteBIT ecosystem. It aggregates hashpower from multiple miners to increase the pool’s probability of finding Bitcoin blocks and to provide participants with more regular payouts than typical solo mining. (whitebit.com)

Category (miner–validator)

• Role: Miner (Proof-of-Work) — WhitePool participates in Bitcoin block production by coordinating PoW mining work across connected miners (i.e., it is not a Proof-of-Stake “validator” service). (help.whitebit.com)

What it supports (as described by WhiteBIT)

• Asset: Bitcoin (BTC). (whitebit.com)
• Algorithm / compatibility: SHA-256d mining, with support stated for SHA256 and SHA256AsicBoost (typical of ASIC miners). (whitebit.com)
• Connection model: Stratum-based pool connectivity is emphasized (high-performance / low-latency Stratum). (whitebit.com)

Payout model and fees (as listed on the product page)

• Reward scheme: FPPS (Full Pay Per Share). (whitebit.com)
• Mining fee: 2%. (whitebit.com)
• Settlement / payout timing: rewards are indicated as settled on a 24-hour period / “once a day”. (whitebit.com)
• Where payouts go: credited to the user’s WhiteBIT main balance (exchange account balance). (whitebit.com)

Relationship to WhiteBIT

• WhiteBIT documentation describes WhitePool as a WhiteBIT ecosystem product and also states the mining pool “operates independently of the exchange” (positioned as a stability/reliability measure). (help.whitebit.com)
• Wikipedia entries about WhiteBIT list WhitePool among WhiteBIT’s products; one Wikipedia language edition notes WhitePool’s launch in August 2024. (es.wikipedia.org)