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Bytepool Review

29

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Followers 2

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Average

Revainrating 3.5 out of 5  
Rating 
3.7
Bitcoin mining pools

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Details

Other coins to mine-
Payment MethodPay-per-Share
Commission FeeN/A

Description of Bytepool

BytePool has been conducting technology research and development in digital currency related fields such as private mining pools. After several years of rigorous mining tests, it has officially launched to the market, aiming to bring global miners into the market. The bytepool team aimed to become a safe and stable mining experience with higher returns and better services, and experience the most cutting-edge blockchain application technology services to maximize digital asset benefits.

Reviews

Global ratings 29
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  • 4
    19
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Type of review

Revainrating 4 out of 5

Mining is now very easy and practical.

_ BytePool is a great option for passive earnings. Pool mining allows you to greatly increase your chances of success, which is especially important nowadays when the competition in the mining industry is incredibly tough and the complexity of the network. BytePool is a great option for passive earnings. Pool mining allows you to greatly increase your chances of success, which is especially important nowadays when the competition in the mining industry is incredibly serious and the network…

Pros
  • Good
Cons
  • No problems

Revainrating 4 out of 5

A project that requires major updates

Bytepool is a project established in China where you can mine cryptocurrencies on blockchains. It offers users security services with a special coding system. User information on blockchains are stored in separate pools. The number of cryptocurrencies you can mine is very few. It has a mobile application, but it does not work stably on low-end phones. You can reach customer service live. If you want, you can send your problems and questions via e-mail. They will answer you very…

Pros
  • Users safety is important
  • Customer representatives solve problems very quickly
Cons
  • Interface of mobile versions should be improved
  • Very few cryptocurrencies mined

Without a doubt, mining pools are a part of the important growth of a project. Perhaps, executing that mission requires high quantities of time and is high priced to spend money on it, but they are additionally worthwhile while a miner receives the best block of a token. So, having that in mind I propose the ones crypto-believers looking to turn out to be miners to keep in mind all the statistics related to official websites on the grounds that even though the web web page appears to be pr

Pros
  • Accurate hashrate reporting
Cons
  • Supports only Bitcoin and Ethereum

Revainrating 4 out of 5

useful mining pool to have easy mining

It is a mining service geared specifically towards the Chinese mining community, with a focus on bitcoin and ethereum. It's a safe service supported by a huge group of miners that control a significant portion of bitcoin's mining power. What's more appealing is the payout procedure, which takes place the next day once the minimum withdrawal is met. In general, this mining pool has received mixed reviews regarding security and payments to members; nevertheless, it is worth noting that, despite…

Pros
  • Excellent user support.
  • Profitable returns on your investment.
  • The next day, transfers for payment of wages are made.
  • Pool that is well-known.
Cons
  • It has a small number of mining coins.

Revainrating 5 out of 5

A big bank which suddenly shut off

IT was among the biggest mining pool before it shutdown. it is highly reputable company which started as a personal. at the time of its launch, it displayed a lot top notch designs and technologies. with its initial policies, miners gained confidence by its new harsh rates security and better feels and mining experience. its drop in its harsh rates, the temporary termination of bitcoin transactions early last, was a sign of shutdown. the team has displayed a lot of proffesionalism, but they had

Pros
  • it has a very nice UI design, comprehendible and easy to navigate. very portable as it has its andriod and ios mobile app
  • customer support are highly responsive
Cons
  • i dont dont have confidence on chinese crypto industry, recent news of its shutdown is a big red flag.

Revainrating 3 out of 5

Fall of a Great Byte

Before being shutdown in April 2020, Bytepool could easily have made a top 10 list of best mining pools. It was worth being involved in before the top dogs decided to half the mining rewards this is truly discouraging for upcoming miners. A major discouraging fact was discovering that their hash rate dropped by over 90%. That was very unexpected and was a huge red flag which lead to their eventual demise. It was great while it lasted though. was

Pros
  • Available for Ios and Android platforms
  • Great customer representative services
Cons
  • Not too great security
  • The Android app needs a better interface

Revainrating 4 out of 5

BytePool Remains A Good Bitcoin Mining Pool

The existence of many mining pool makes it difficult for people to rightly select the best for their own usage. I would love to recommend a Bitcoin mining pool, BytePool. BytePool is a Chinese based Bitcoin mining pool that was launched in August 2019 by Valarhash. It has ever since contributed more than 4% of all the hashing power for the Bitcoin network in December 2019. This great landmark it set has increased it's popularity and had made more traders get interested to The Bitcoin Mining…

Pros
  • Good customer service
  • Palatable security
  • Available for Android and iOS operating systems
Cons
  • Supports only Bitcoin and Ethereum

Revainrating 2 out of 5

Bytepool Mining Pool Closed its Services

Information on the Platform can be part of Scam Although Asian corporations are relatively new for promoting excellent blockchains and cryptocurrencies, they are at the top of global businesses that were designed to promote block mining services. Without a doubt, mining pools are part of the necessary growth of a project. Perhaps, executing that task requires high amounts of time and is expensive to invest in it, but they are also profitable when a miner gets the correct block of a token…

Pros
  • N/S
Cons
  • It presented a considerable drop in the last months and it was finally suspended. All transactions were closed and the hash rate of the two most tradable blocks was reduced on the page.
  • The web page can be considered part of a scam since it has yet information of the service. However, the dashboard reveals zero incomes.
  • Low profitability was registered before shutting out the service.

Revainrating 3 out of 5

Bytepool

It is a Chinese mining group that provides services only for Bitcoin and Ethereum, with fast payments of only 24 hours. The halving of 12.5 BTC to 6.25 BTC per block rewards and the contraction of hash from 4000 petahashes per second to only 200 petahashes per second in its last months in addition to the crisis caused by the Covid-19 pandemic are some of the Reasons why they announced the closure of activities, although reports reveal that it jumped to Altacoin mining, we should expect it to…

Pros
  • Available in mobile applications.
  • Recently included mining for Ethereum, with an FPPS mode settlement method, with the minimum payment of 0.1 ETH and the processing fee of 4%.
  • Quick payments to miners.
Cons
  • It only provides services for bitcoin and ethereum.
  • Last April they announced the closure of operations.

Revainrating 4 out of 5

Bytepool

Mining difficulty is a major factor in any mining company it determines how fast users will be rewarded form mining block following the bitcoin halving mining difficulty was increased. Bytepool was among this mining company that was affected by this mining difficulty the platform stopped mining bitcoin for The main time till further date will be announced when they will be back normal to mine bitcoin. As of present the company are still mining ethereum. Bytepool is base in China and were…

Pros
  • Currently the company mine only ethereum
  • Have been operating for long having good customer relationship
  • Good security level
Cons
  • Mining difficulty affect mining exponentially

Revainrating 4 out of 5

Byte coin was running at a loss

Byte pool is a top bitcoin mining pool. It is located in Sichuan,China, owned by Valarhash who also own other pool. It was one of the then topmost mining pool. Infact bytepool and one other pool used to account for over 9% of the total bitcoin network hashrate. Meaning that it used tto be very famous and efficient. However recent halving of the Bitcoin which in effect meant halving of Mining it has caused byte pool and some other pool to face serious loss. In the case of bytepool, it was…

Pros
  • It used to be very efficient
  • The payout for miners was high
  • Accurate hashrate reporting
  • Secure mining environment
Cons
  • It was mining at a loss so the Miner likely started mining at a loss or for no reward

Revainrating 4 out of 5

Bytepool

Bytepool, Chinese mining pool to mine Bitcoins and Ethereum.Among the most striking features of Bytepool is its security, since it goes hand in hand with an excellent technological qupovo for greater security. Some time ago, the group had announced the cessation of its operations but currently the platform is active. Allowing your clients to mine their bitcoin and Ethereum cryptocurrencies. It has its mobile application and is available in different countries of the world.

Pros
  • Offers excellent security
  • Specialized customer service
  • Available in different countries
  • With mobile application
Cons
  • Only allows mining bitcoins and Ethereum

Revainrating 4 out of 5

Bytepool

Bytepool is a cryptocurrency mining service for people who want to obtain some extra assets through cryptocurrency mining, working exclusively for people in China where over time it has obtained a great community. Bytepool is a very secure service giving people greater security and reliability when using the service, in it people can use mining to obtain the main cryptocurrency network currencies such as Bitcoin and Ethereum.

Pros
  • It is a very safe and reliable service.
  • It is a service that can be used 24/7
Cons
  • It only operates with two currencies from the market.

Revainrating 4 out of 5

Bytepool

Byterpool is a mining platform that was launched in 2016 in China and only focuses on cryptocurrency mining exclusively in that country and only with the Bitcoin and Ethereum currency. Since its launch, Byterpool has had a great growth and a great community due to its high security and reliability, and users have the facility to withdraw the amount quickly and safely once they have reached the minimum withdrawal amount.

Pros
  • It has very good security.
  • The withdrawal of assets is done quickly and safely.
Cons
  • You have very few coins to carry out mining.

Revainrating 3 out of 5

Bytepool

Bytepool's mining service is exclusively aimed at Chinese residents, and focuses on Bitcoin and Ethereum mining. Bytepool is striking for its users due to the fast approval of payments that only take 24 hotas. Currently there is concern as Bytepool reported that it will stop providing service.

Pros
  • promptly approved payments
Cons
  • operations will cease soon

Revainrating 3 out of 5

BytePool, Chinese mining group..

BytePool is a Chinese mining group, operating since 2016, works exclusively with BTC and ETH. It has very good references due to its fast payment of just 1 day. Just as it has excellent references it also has its bad ones due to its very few cryptocurrencies on the platform. A few days ago BytePool reported the cessation of activities soon, we will have to wait to see if it is the end of this group or if they will present us with a broader proposal.

Pros
  • Quick payment
  • Good reputation of users
  • Customer service 27/7
Cons
  • It is only for BTC and ETH
  • Will cease operations

Revainrating 4 out of 5

Bytepool Review

Byte pool is a new mining pool established in 2016 based in China, the Bytepool Group has been researching and developing techniques in industries related to cryptocurrency mining, the group aims to bring the foundation. Byte pool becomes a more reliable and profitable mining platform for miners.

Pros
  • Because it is a new platform, fewer participants will get you a higher profit share
  • Users have strong account security, 24-hour online support service
  • Bytepool supports tapping on your own phone
Cons
  • Long withdrawal time for wallets, the minimum threshold for large mining income

Revainrating 3 out of 5

Bytepool needs to improve more features to attract miners

Bytepool is a one-stop mining service provider, as they say it is a collection of a talented team on the internet set up in 2016 and after years of testing and exploiting it came to market. It provides the most advanced technology to optimize profits.

Pros
  • Bytepool owns the blockchain passion team, has better hashrate when using Bytepool, 24x7 support customer service.
  • Bytepool supports mining on mobile apps including Android and IoS
Cons
  • Support for two languages ​​is English and Chinese, but the English interface is not complete
  • It only supports mining BTC and ETH too little compared to other mines

Revainrating 3 out of 5

Will be the end?

Bitepool is a China’s Bitcoin mining pools. In the last days, It was announced the suspension of its activities.

Pros
  • Bitepool offers a strong security on the platform
  • You can get Higher hashrate and reward
  • Support works 24/7
  • Bytepool app is available for Android and Ios
  • Fast payment of earnings
Cons
  • Mineable few coins
  • Some crashs during mining
  • Activities are stopped

Revainrating 4 out of 5

Mining pool for the Asian public.

It is a mining service specially aimed at the Chinese mining public, especially aimed at bitcoin and etherium. It is a highly secure service and backed by a large group of miners who represent a high percentage of bitcoin's mining power. What is more attractive is the payment process that is carried out the next day when the minimum withdrawal is reached. In general, this mining pool has neutral criticism regarding the level of security and payments to members, however it is noteworthy that…

Pros
  • Service and security.
  • Recognized pool.
  • Good profits according to your investment.
  • Good user support.
  • Transfers for payment of earnings are made the next day  
Cons
  • It has few mining coins.