In June 2025, ViaBTC marked its ninth anniversary. To celebrate this milestone, the ViaBTC team hosted a special AMA session to engage with its global community. During the interactive event, Haipo Yang, Founder and CEO of ViaBTC, shared his profound insights on Web3, energy challenges in mining, and the future development of the mining industry. He also provided detailed responses to hot topics of community interest, including development plans and new coin listings. Below is a compilation of highlights from this AMA:
@hadiy3055: Does ViaBTC plan to launch new products in DeFi or Web3?
CEO Haipo Yang: While our mining pool remains our main focus, ViaBTC has already expanded into various areas. Through ViaBTC Capital, we invest in promising Web3 projects, and we also operate CoinEx, CoinEx Wallet, and CoinEx Smart Chain. Moving forward, we are committed to further innovating in DeFi and the broader Web3 space.
@Leedminer: What is the best way for young people to enter the Web3 today?
CEO Haipo Yang: Web3’s greatest strength is its open-source and collaborative nature, which initially drew me in. Unlike traditional industries, Web3 communities are highly inclusive and egalitarian, offering support and mentorship whether you’re working on core protocols or innovative business models. You can get involved by joining communities, attending meetups, taking part in hackathons, and participating in online forums — learning by building and engaging with others. Stay curious and keep up with new trends. By combining practical experience with community involvement, you’ll learn quickly and find your ideal place in Web3.
@Leedminer: What will the future of cryptocurrency mining look like after the 2028 Bitcoin halving, as mining rewards decrease?
CEO Haipo Yang: Every halving sparks fears of a “shutdown wave” and plunging hashrates, but history shows otherwise. As rewards decrease, Bitcoin’s increasing scarcity often boosts its price, attracting new miners and driving hashrates back up. Mining remains viable as long as Bitcoin holds value, with difficulty adjusting to keep competition balanced. Heading into 2028, miners should focus on market trends and technological advances, maximize capital efficiency, and reduce energy costs to ensure stable, long-term profits and stay competitive in a constantly evolving industry.
@ah_ys44: Do you think cryptocurrency mining will one day rely solely on renewable energy? What challenges need to be addressed to achieve this?
CEO Haipo Yang: Mining is inherently profit-driven, and many operations already use hydro or wind power to reduce energy costs. However, renewables like hydropower often face seasonal fluctuations and supply instability. If green energy can reliably provide low costs, stable supply, and strong infrastructure, more miners will be drawn to it for economic reasons.
@amirsadra_taherzadeh: Do you think the mining industry will become more centralized or stay decentralized in the next decade? What role does ViaBTC see for itself in this future?
CEO Haipo Yang: The mining industry is currently shaped by two main trends. Institutional miners leverage significant resources to lower costs and gain an advantage, but their heavy investment strategies can face sustainability challenges, as seen when some public mining companies went bankrupt during the last bear market. In contrast, home miners are more adaptable to market shifts. Recently, many hardware manufacturers have introduced energy-efficient rigs for home use, and heat-recovery solutions have gained attention. These trends indicate the industry is not consolidating into a centralized model. Moving forward, ViaBTC will stay fully independent and technology-neutral, continuing to protect the security of the Bitcoin network.
@Aldrin_jay17: What role do you think ViaBTC will play in the global adoption of blockchain and cryptocurrency mining over the next decade?
CEO Haipo Yang: CEO Haipo Yang: From the beginning, our goal has been to serve as the backbone of the blockchain world, and we are steadily advancing toward that vision. We continually streamline our product interfaces to make mining accessible to everyone, while also providing foundational educational resources to help aspiring miners worldwide start with confidence.
@bahramrezaei_b: What criteria does ViaBTC use to select new coins for mining, and can users suggest specific coins?
CEO Haipo Yang: We actively welcome user suggestions for new coins and evaluate them to ensure stable mining rewards by reviewing market size, community activity, long-term potential and the blockchain’s security and stability, preventing any technical issues that could affect your profits.
@Coinable: What strategic decisions have enabled ViaBTC to stay resilient and competitive through nine years of crypto market volatility? How does ViaBTC plan to grow and endure bear markets and Bitcoin price crashes? What strategies do you employ to adapt to market cycles?
CEO Haipo Yang: We prioritize user asset security and mining stability with a long-term approach. By focusing on our core business and ignoring short-term market fluctuations, we continuously improve our products and services in all market conditions. This commitment to ongoing development positions us to seize growth opportunities when markets recover.
@Adeku1Shamsiyya: What role does community engagement and education play in ViaBTC’s strategy to drive global crypto adoption?
CEO Haipo Yang: Mining can be daunting for newcomers, so we offer comprehensive starter support, including tutorial videos and clear articles to help users quickly grasp crypto basics and mining fundamentals. ViaBTC also has an active community where loyal users and experienced miners freely share their knowledge, making it easier for beginners to learn. As cryptocurrency thrives on community-driven innovation, this supportive approach lowers entry barriers and promotes continued global adoption.
@DivicoEngr: ViaBTC supports merged mining for various coins (e.g., BTC with FB, NMC, SYS, ELA; LTC with DOGE, BELLS, LKY, PEP, JKC, DINGO). How significant are merged mining earnings for miners, and how does ViaBTC decide which coins to support for merged mining?
CEO Haipo Yang: Merged mining, especially with Litecoin, has significantly increased miner profits — Dogecoin’s merged-mined rewards can comprise up to 90% of total LTC mining income. Our goal is to maximize your returns by focusing on coins with strong market traction that directly enhance miner earnings. However, each additional coin places greater demands on our pool’s infrastructure and security. Therefore, we rigorously evaluate every coin both technically and for long-term value. This approach ensures stable, efficient mining and consistent income growth for you.
@Jayyj101: With ViaBTC controlling 12-15% of Bitcoin’s global hashrate, how do you plan to balance maintaining this market share while adapting to the increasing energy and regulatory challenges facing the crypto mining industry in 2025?
CEO Haipo Yang: As cryptocurrencies gain global adoption, regulatory updates are inevitable. At ViaBTC, we are committed to legal compliance and consistently obtain security certifications to ensure our operations meet current standards. Looking ahead, we will align our growth and market strategies with your needs while strictly following regional regulations and maintaining transparent communication. Our goal is to continue providing secure, stable, professional, and sustainable mining services.
