Bitcoin mining is facing new challenges as mining difficulty has hit a record high, increasing by 3.5% this week.
This surge makes it harder for miners to remain profitable, especially as the 2024 Bitcoin halving approaches. The halving will reduce block rewards, forcing smaller miners to find innovative ways to stay competitive. Many are turning to mining pools, which offer more consistent rewards by combining resources with other miners.
Leading exchanges are offering their own mining pools, giving users the opportunity to mine efficiently. For example, WhiteBit recently launched its new pool, WhitePool, offering 0% commission for all of September. This promotion is ideal for both new and experienced miners looking to maximize their earnings.
Similarly, Binance Pool continues to provide competitive rates and a robust infrastructure for miners seeking stability and high returns.
As mining becomes more competitive, leveraging pools like WhitePool and Binance Pool can help miners navigate the evolving landscape while staying profitable.
