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Santiago de Chile
4 Level
143 Review
386 Karma

Review on Bytepool by Francisco Varela

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 happen in the future.



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.