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BitFuFu Inc. (NASDAQ: FUFU), a Bitcoin miner based on Wall
Street, announced the launch of BitFuFu Pool, its private-label mining pool.
The company also disclosed that it holds 1,664 BTC as of today (Thursday),
reflecting its approach to treasury management. Bitcoin reached a notable
milestone today, surpassing the $100,000 mark, with its market capitalization
exceeding $2 trillion.
BitFuFu Pool Launches, Offers 0.4% Commission
The pool will offer commission rates as low as 0.4%.
Starting next week, BitFuFu Pool will be available to users purchasing
cloud-mining products and miner services through the BitFuFu app, with
promotional benefits included.
“With extensive R&D expertise and support from our
partners, our one-stop mining services are available to both institutional and
retail customers,” Leo Lu, BitFuFu’s CEO stated.
“These include mining pools, real-time monitoring tools,
firmware solutions, maintenance services, and one-click-order solutions—crafted
to be user-friendly, competitively priced, and quality-assured. These
integrated offerings enable us to harness the full synergies of our platform
and drive value across the mining community.”
Institutional Clients Offered Customized Services
Currently, BitFuFu Pool is focused solely on Bitcoin mining,
although there are plans to expand into other digital assets in the future. The
company co-invested in the pool with strategic partners and will collaborate
with them to operate it.
BitFuFu’s self-mining operation has started directing
hashrate to the new pool, with intentions to allocate 100% of its growing
self-mining hashrate to BitFuFu Pool. Institutional clients are advised to
consult with BitFuFu sales representatives for customized pooling services.
This article was written by Tareq Sikder at www.financemagnates.com.
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