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Bitcoin

<ul class="wp-block-list">
 <li>BitFuFu Pool offers 0.4% commission, targeting retail and institutional miners with efficient solutions.</li>  
 <li>The new pool boosts capacity with BitFuFu’s entire self-mining hashrate, enhancing mining efficiency.</li>  
 <li>BitFuFu plans to support more digital assets and expand through strategic partnerships for market growth.</li> 
</ul>  
<p>BitFuFu, a leading Bitcoin and cloud-mining service provider, has <a href="https://www.globenewswire.com/news-release/2024/12/05/2992161/0/en/BitFuFu-Launches-Private-Label-Mining-Pool-Offering-Competitive-Commission-Rates-as-Low-as-0-4.html" rel="noopener noreferrer nofollow">unveiled</a> its private-label mining pool, BitFuFu Pool. The pool offers commission rates starting at 0.4%.&nbsp;</p>  
<p>This launch targets retail and institutional miners seeking efficient and cost-effective solutions. The pool is accessible through the BitFuFu application for users purchasing cloud-mining products and hardware.</p>  
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<h2 class="wp-block-heading" id="h-boosting-mining-efficiency-nbsp-nbsp"><strong>Boosting Mining Efficiency</strong>&nbsp;&nbsp;</h2>  
<p>BitFuFu has committed its entire self-mining hashrate to the new pool. This allocation will enhance the pool’s mining capacity and operational efficiency. The company aims to position itself as a competitive player in the Bitcoin mining industry.&nbsp;&nbsp;</p>  
<p>BitFuFu currently holds 1,664 Bitcoin in its treasury. This reflects its strategy of accumulating assets while maintaining consistent cash flow through cloud-mining services.&nbsp;&nbsp;</p>  
<h2 class="wp-block-heading" id="h-expanding-services-for-clients-nbsp"><strong>Expanding Services for Clients </strong>&nbsp;</h2>  
<p>The new pool offers more than just mining capabilities. BitFuFu now provides real-time monitoring tools, firmware solutions, and maintenance services. These features help users track performance and improve mining efficiency.&nbsp;&nbsp;</p>  
<p>The platform’s user-friendly design caters to both beginner and professional miners. Institutional clients can also access consulting services tailored to large-scale mining operations.&nbsp;&nbsp;</p>  
<h2 class="wp-block-heading" id="h-future-expansion-plans-nbsp-nbsp"><strong>Future Expansion Plans&nbsp;&nbsp;</strong></h2>  
<p>BitFuFu plans to add support for more digital assets in the future. This diversification will expand its product portfolio and attract a wider audience. The company also aims to form strategic partnerships to strengthen its market position.&nbsp;&nbsp;</p>  
<p>The launch comes amid significant Bitcoin market activity. Bitcoin <a href="https://cryptonewsland.com/btc-breaks-100000-setting-new-ath-at-103900-47/" rel="noopener noreferrer nofollow">recently crossed </a>$100,000 before dropping in a sudden flash crash. This price swing caused millions in liquidations across the market.&nbsp;&nbsp;</p>  
<p>At the same time, competitors like <a href="https://hut8.com/" rel="noopener noreferrer nofollow">Hut 8</a> are also making their moves. This year, Hut 8 intends to <a href="https://seekingalpha.com/pr/19936322-hut-8-announces-new-atm-and-stock-repurchase-programs" rel="noopener noreferrer nofollow">acquire</a> more Bitcoin for which it aims to conduct $500 million capital fundraising. It has also declared a $250 million stock repurchase plan that entails the purchasing of five percent of its stocks.&nbsp;&nbsp;</p>  
<p>The establishment of BitFuFu new mining pool shows its determination in responding to the development and increasing demand needs in the cryptocurrency mining business.&nbsp;&nbsp;</p> 
<p>The post <a href="https://cryptonewsland.com/bitfufu-introduces-private-bitcoin-mining-pool/" rel="noopener noreferrer nofollow">BitFuFu Introduces Private Bitcoin Mining Pool with 0.4% Commission Rates</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

BitFuFu Introduces Private Bitcoin Mining Pool with 0.4% Commission Rates

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