BitFuFu Launches Private-Label Mining Pool Offering Competitive Commission Rates as Low as 0.4%
BitFuFu (NASDAQ: FUFU) has announced the launch of BitFuFu Pool, a private-label mining pool offering competitive commission rates starting at 0.4%. The pool will be accessible to BitFuFu app users purchasing cloud-mining products and miner services, with promotional benefits included.
Initially focused on Bitcoin mining, BitFuFu Pool plans to expand to other digital assets in the future. The company has co-invested in this venture with strategic partners and will collaborate on operations. BitFuFu's self-mining operation has begun directing hashrate to the pool, with plans to allocate 100% of its growing self-mining hashrate to it.
The platform offers comprehensive services including real-time monitoring tools, firmware solutions, maintenance services, and one-click-order solutions for both institutional and retail customers.
BitFuFu (NASDAQ: FUFU) ha annunciato il lancio di BitFuFu Pool, un pool di mining a marchio privato che offre commissioni competitive a partire dallo 0,4%. Il pool sarà accessibile agli utenti dell'app BitFuFu che acquistano prodotti di cloud mining e servizi minerari, con vantaggi promozionali inclusi.
Inizialmente focalizzato sul mining di Bitcoin, BitFuFu Pool prevede di espandersi verso altri asset digitali in futuro. L'azienda ha co-investito in questa iniziativa con partner strategici e collaborerà nelle operazioni. L'operazione di mining autonomo di BitFuFu ha già iniziato a dirigere il hashrate al pool, con l'intenzione di allocare il 100% del suo crescente hashrate di mining autonomo ad esso.
La piattaforma offre servizi completi, tra cui strumenti di monitoraggio in tempo reale, soluzioni firmware, servizi di manutenzione e soluzioni di ordine con un clic per clienti sia istituzionali che al dettaglio.
BitFuFu (NASDAQ: FUFU) ha anunciado el lanzamiento de BitFuFu Pool, un pool de minería de marca privada que ofrece tasas de comisión competitivas a partir del 0.4%. El pool estará accesible para los usuarios de la aplicación BitFuFu que compren productos de minería en la nube y servicios de minería, con beneficios promocionales incluidos.
Inicialmente enfocado en la minería de Bitcoin, BitFuFu Pool planea expandirse a otros activos digitales en el futuro. La empresa ha co-invertido en esta empresa con socios estratégicos y colaborará en las operaciones. La operación de minería autónoma de BitFuFu ha comenzado a dirigir su hashrate al pool, con planes de asignar el 100% de su creciente hashrate de minería autónoma a él.
La plataforma ofrece servicios integrales, incluidos herramientas de monitoreo en tiempo real, soluciones de firmware, servicios de mantenimiento y soluciones de pedido con un clic para clientes tanto institucionales como minoristas.
BitFuFu (NASDAQ: FUFU)는 BitFuFu Pool의 출시를 발표했습니다. 이는 0.4%부터 시작하는 경쟁력 있는 수수료율을 제공하는 프라이빗 레이블 채굴 풀입니다. 이 풀은 클라우드 채굴 제품과 채굴 서비스 구입을 하는 BitFuFu 앱 사용자에게 접근 가능하며, 프로모션 혜택도 포함됩니다.
초기에는 비트코인 채굴에 집중하고 있는 BitFuFu Pool은 미래에 다른 디지털 자산으로 확장할 계획입니다. 회사는 이 사업에 전략적 파트너들과 공동 투자하였으며, 운영에 협력할 것입니다. BitFuFu의 자가 채굴 작업은 이미 풀이 해시레이트를 향하도록 시작하였으며, 자가 채굴 해시레이트의 100%를 할당할 계획입니다.
이 플랫폼은 실시간 모니터링 도구, 펌웨어 솔루션, 유지보수 서비스, 그리고 기관 및 소매 고객을 위한 원클릭 주문 솔루션 등 포괄적인 서비스를 제공합니다.
BitFuFu (NASDAQ: FUFU) a annoncé le lancement de BitFuFu Pool, une piscine de minage en marque blanche offrant des taux de commission compétitifs à partir de 0,4%. La piscine sera accessible aux utilisateurs de l'application BitFuFu qui achètent des produits de minage cloud et des services de minage, avec des avantages promotionnels inclus.
Initialement axé sur le minage de Bitcoin, BitFuFu Pool prévoit d'élargir son offre à d'autres actifs numériques à l'avenir. L'entreprise a co-investi dans cette initiative avec des partenaires stratégiques et collaborera aux opérations. L'opération de minage autonome de BitFuFu a déjà commencé à diriger son hashrate vers la piscine, avec des plans d'allouer 100 % de son hashrate de minage autonome croissant.
La plateforme offre des services complets, y compris des outils de surveillance en temps réel, des solutions de firmware, des services de maintenance et des solutions de commande en un clic pour les clients institutionnels et de détail.
BitFuFu (NASDAQ: FUFU) hat den Start von BitFuFu Pool angekündigt, einem privaten Mining-Pool, der wettbewerbsfähige Provisionssätze ab 0,4% bietet. Der Pool wird für Nutzer der BitFuFu-App zugänglich sein, die Cloud-Mining-Produkte und Miner-Dienste kaufen, mit eingeschlossenen Promotionsvorteilen.
Ursprünglich auf das Mining von Bitcoin fokussiert, plant BitFuFu Pool in Zukunft die Expansion in andere digitale Vermögenswerte. Das Unternehmen hat in dieses Vorhaben gemeinsam mit strategischen Partnern investiert und wird bei den Operationen zusammenarbeiten. Der Selbst-Mining-Betrieb von BitFuFu hat begonnen, Hashrate in den Pool zu lenken, mit dem Ziel, 100% seiner wachsenden Selbst-Mining-Hashrate dorthin zuzuweisen.
Die Plattform bietet umfassende Dienstleistungen, einschließlich Tools zur Echtzeitüberwachung, Firmware-Lösungen, Wartungsdienste und Lösungen für eine Klickbestellung für sowohl institutionelle als auch Einzelhandelskunden.
- Launch of new mining pool with competitive 0.4% commission rate
- Expansion of service offerings to include comprehensive mining solutions
- Strategic partnership and co-investment structure for pool operations
- Integration of company's self-mining hashrate into the new pool
- None.
Insights
The launch of BitFuFu Pool represents a strategic move to diversify revenue streams and capture market share in the competitive mining pool sector. The 0.4% commission rate positions them aggressively against major players like F2Pool (2.5%) and AntPool (2%), potentially attracting significant hashrate. The integration of self-mining operations into their own pool creates vertical integration benefits and reduces external pool fees.
The company's approach to combine cloud mining products with pool services creates a comprehensive ecosystem that could drive customer lock-in and recurring revenue. However, profitability will depend on achieving sufficient scale to offset the low commission structure. The strategic partnership model for pool operations suggests risk-sharing but also implies revenue sharing arrangements that may impact margins.
BitFuFu's technical infrastructure demonstrates forward-thinking integration by combining pool services with existing cloud mining operations. The planned expansion beyond Bitcoin mining indicates technical scalability, while the inclusion of real-time monitoring tools and firmware solutions shows commitment to operational excellence.
The one-click-order solutions and user-friendly interface address key pain points in mining operations, particularly for retail customers. The comprehensive service stack including maintenance services creates significant technical barriers to entry. However, success will heavily depend on pool stability, payout reliability and hash rate consistency - critical factors that will determine miner retention in a technically demanding market.
SINGAPORE, Dec. 05, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced the launch of BitFuFu Pool, its private-label mining pool offering industry-leading commission rates starting as low as
The Company co-invested in this new business with strategic partners and will collaborate with them to operate it. Institutional customers should consult with their BitFuFu sales representative for customized pooling services.
The Company’s self-mining operation has begun directing hashrate to BitFuFu Pool with plans to allocate
Advantages of BitFuFu Pool
A tutorial for BitFuFu Pool can be found here with additional information available at: https://www.bitfufu.com/sg/pool
Leo Lu, BitFuFu’s CEO stated, “By offering highly competitive commission rates as low as
About BitFuFu Inc.
BitFuFu Inc. is a global leader in Bitcoin mining and comprehensive mining services, providing customers with one-stop solutions including Cloud mining. BitFuFu received early investment from BITMAIN, a world-leading digital asset mining hardware manufacturer, and remains BITMAIN’s strategic partner in Bitcoin mining and mining service space.
BitFuFu is dedicated to fostering a secure, compliant, and transparent blockchain infrastructure, providing a variety of stable and intelligent digital asset mining solutions to a global customer base. Leveraging its expanding global mining facility network and strategic partnership with BITMAIN, BitFuFu enables institutional customers and digital asset enthusiasts to mine digital assets efficiently.
For more information, please visit https://ir.bitfufu.com/.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of BitFuFu's management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause BitFuFu's actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. All information provided in this press release is as of the date of this press release and the Company does not undertake any duty to update such information, except as required under applicable law.
For investor and media inquiries, please contact:
BitFuFu Investor Relations
Charley Brady
Vice President, Investor Relations
ir@bitfufu.com
BitFuFu Media Relations
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