Comparison of Mining Pools: WhiteBIT vs. Binance

Payout Models:

Binance: Utilizes the FPPS (Full Pay Per Share) model, which includes payouts per share and transaction fee distribution, ensuring stable earnings for miners.

WhiteBIT: Also uses the FPPS model but focuses on transparent calculations and lower fees

Supported Cryptocurrencies:

Binance: Supports including Bitcoin and Ethereum

WhiteBIT: Currently supports Bitcoin, with plans to expand.

Fees:

Binance: Charges around 4%, which is standard for large pools

WhiteBIT: Offers competitive 2%, potentially lower fees depending on mining volume

Additional Features:

Binance: Provides advanced tools for mining analysis and integration with other Binance services like futures and staking

WhiteBIT: Offers easy management of mined coins through integration with the WhiteBIT

In summary, Binance provides a broader ecosystem, while WhiteBIT offers lower fees and a simple, integrated experience

The choice depends on your specific needs

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