ViaBTC review. The importance of a support service cannot be over emphasized. Especially with cryptocurrency mining firms. Mining firms without good support services are risky for their users. Therefore, we urge users especially beginners not to invest with such companies.
Aiprofit.us is highly recommended by us. Not only for their good return on investments. But also for their admirable customer support services. Therefore, they have a platform that allows easy communication with their customers.
Introduction and background review:
Viabtc cloud mining was founded on may 2016 by a group of bitcoin miners. It is a cloud mining company established by group of professionals as so claimed. ViaBTC is an innovation-driven blockchain service provider. That boasts abundant experience, extensive investments, secure and reliable products. And also a global user base.
However, relying on the advanced fintech, they claim to catalyze progress in the blockchain industry. Build a better future for the blockchain. And fulfil their mission via blockchain, making the world a better place. Moreover, ViaBTC has a top-notch multinational team. With members all over the world. They used to work for world-leading Internet and financial companies.
And many of them have stepped into the cryptocurrency market in the earliest days. As practitioners, pioneers, and investors. At present, the product team and the R&D team account for more than 60% of ViaBTC’s workforce. Supporting the company with rich development experience and strong technical capacity. ViaBTC aspires to gather more highly educated, high-calibre talents as its brainpower.
To provide secure and stable one-stop mining services for over 1 million users across 130+ countries/regions. And also to drive the technological innovation and development in the blockchain industry. Viabtc claims to have a mining service that provides a high degree of confidentiality. In this regards, they claim to keep the collection. And are responsible for the security of their server.
VIABTC available payment methods:
ViaBTC mining pool supports the following reward algorithms: PPS+, PPLNS, and SOLO. However, herein under is explanation to each method.
PPS+ in fact means pay per share plus. Classic PPS means that the miner will get a certain reward for each valid share they send. We can define PPS+ as an upgrade version of PPS – It offers miners to receive additional profit through allocating mining fees with the PPLNS reward algorithm.
On the other hand, PPLNS stands for “pay per last N shares”. With the PPLNS system, the reward depends on the number of submitted valid shares when the block is found. Fees are lower on ViaBTC with the PPLNS method.
As the name suggests, the SOLO payment method means that the miner who mines the block independently receives the whole block reward.
The part about fees is the one that miners are most interested in. Unfortunately, when it comes to ViaBTC’s transaction fees, users frequently criticized it for being too high. Let me break it down. Therefore, that is why we recommend minehashes. You don’t have to pay any fees
The block reward fees are:
Viabtc 4% for the PPS+ payment method and. The withdrawal fee is 2%.
2% in the case of PPLNS mode. The withdrawal fee is 2%.
The SOLO miners are charged with a 1% fee for both mining and withdrawing.
In the case of merged mining, the second currency comes for free.
Viabtc cloud mining offers customer support via twitter. However, we find out that they don’t offer livechat or phone support. Thus, we argue that they are not reliable. A good mining site can offer livechat to customers, but viabtc don’t offer such. Therefore viabtc might be legit but as currently no good customer support. We advise that you work or invest with a more reliable mining platform like minehashes. If not you might fall a victim of scam. Therefore, start investing with our recommended mining platform.
Finally we’ll conclude our viabtc cloud mining review by telling you to abstain from such mining rig. However, if you want to start mining with a reliable mining platform visit Aiprofit.us. There are other mining sites. Like bolt-miner.com is a suspected scam. They are not for your benefit but just to defraud you. And after a few months their website will be shutdown. Don’t forget to like, comment and share