ViaBTC

Estimated reading time: 2 min
Promising

Specs

  • Rating:
  • Payments:
  • Entry on: 2016
  • Type of mining: Cloud
  • Equipment market:
  • Supported coins: BTC
  • For users: Experts
  • Language:

We provide unbiased reviews. Mining Advisor is an independent company that buys and tests the best products on the market.

The company

ViaBTC is a mining company founded in 2016, today one of the largest and most important mining pools in the world and also offers its own cloud mining service.

When we talk about ViaBTC we are certainly talking about one of the most important realities in the crypto currency mining sector, but we cannot say the same about the cloud mining proposal.

While ViaBTC is at the top of the mining pools, in cloud mining it offers a very limited offer with economic conditions that do not make it an industry leader, it is clearly not their leading business.

As for their Farms you don’t have a lot of information, I think there is not much doubt about the actual mining capacity but more about the use of last generation miners seeing the fees and costs not so in line with the best competitors.

It does not offer the sale of entire miners as some competitors do (cloud hosting), it allows its customers to buy “all inclusive” packs with a fairly clear interface and not exactly easy to use.

Our experience

We have been users of their platform since 2017, we have never had any kind of problem but when we contacted technical support we did not always get a quick response.

On ViaBTC we have the possibility to mine only BTC, we have few packs available and this makes them understand that they are no longer interested in cloud mining.

The conditions of the packs are clear, the fees are clearly displayed and it is difficult to be wrong.

ViaBTC allows you to pay safely with credit cards and cryptocurrency and does not currently accept bank transfer.

Payments are regular since the launch of the platform with withdrawal times always within 24 hours.

Compared to the competition, fees should be carefully evaluated because they are not always the best on the market while the cost of packs is in line with the best cloud mining.

Absolutely one of the best known platforms in mining but not one of the best in cloud mining.

Advantages

  • Easy to use interface.
  • Fast and paying withdrawals from 2016.
  • Good customer support.
  • Most important pools.
  • Possibility to buy packs with latest generation miners.

Disadvantages

  • They don’t offer hosted miners.
  • Fee not always at the best levels of the market.
  • Few types of mining contracts.
  • Few videos and photos of the declared Farms.
  • They do not accept bank transfer.

Conclusion

ViaBTC has been in the mining market since 2016, is one of the largest and most important mining pools and has grown while maintaining a good reputation.

We have been using it since 2017, today it is not very present in cloud mining and we don’t know if it will offer more products in this sector again.

Currently the offer for those who want to buy hashrate of cloud mining is very limited.

Withdrawals have always been very fast.

They do not have the bank transfer between payment methods and this can be a limit for some customers, however you can pay with credit cards and crypto.

In recent years it has certainly proved to be a good company but has specialized in mining pool.

We feel we can recommend it to more experienced users.

At the moment it is still a good platform, certainly reliable.

The positioning is based on certain and objective criteria, not “conditionable”, it is not possible to buy a better position or review.