Going into 2022, ViaBTC kept growing despite bearish market conditions. The pool continued to pursue tech innovations and upgraded its products and services to provide users with more versatile mining tools, stabler and more efficient mining services, and more satisfying product experiences.

Lucrative airdrops were seen in DYDX, ENS and 1inch in 2021 and star projects like Optimism and Aptos in 2022. What are the best airdrops to watch in the crypto community in 2023?

This, coupled with the stringent regulations and black swan incidents, made 2022 a particularly rough year for crypto miners. That being said, miners must still get on with their lives. Today, we will review the series of incidents that took place in the crypto mining industry in 2022, which might shed light on crypto investment in the future.

Though Ethereum pulled off the transition, the network still faces several problems. For instance, the Merge hasn’t reduced the Gas, meaning that users still have to pay expensive fees. Additionally, with or without the Merge, users can only deposit ETH and cannot withdraw their ETH holding. These are all concerns that Ethereum must tackle in the future. Today, let’s take a glimpse into that future and check out the changes that Ethereum might go through in 2023 as it grows and evolves.

As we approach 2023, ViaBTC has worked out the top ten words of 2022 for the crypto industry. Now, let’s look back on the extraordinary year we’ve had in this industry.

The bear market is not scary, since this isn’t the first time crypto mining has faced a crisis. In retrospect, we can find that the ongoing bear market has some different features.

Given the same investment, inexperienced miners unfamiliar with mining techniques would record less revenue than veteran miners.

In reality, the reduction in mining difficulty may represent an opportunity for miners...

Today’s reward for GPU miners is a far cry from what it used to be. Since the Ethereum merge this September, the collapse of the multibillion-dollar Ethereum PoW mining industry has forced a flood of GPU hashrate into ETC and other altcoins. According to WhatToMine, a number of coins that support GPU mining now have negative yields. Only a few coins, such as KAS and RXD, generate acceptable yields in the bear market. They are the most eye-catching GPU coins, even overshadowing the “veteran” ETC.

Recently, attention has been drawn to a series of sensational events, including the battle between Binance CEO CZ and SBF (Sam Bankman-Fried), the collapse of FTX and the worsening Genesis crisis. Except for those loyal followers and miners, only a few may have noticed that Litecoin (LTC) is bucking the bearish market trend and has become a top-performing cryptocurrency.

As a leading global crypto mining pool, ViaBTC boasts an elite R&D team. With its strong technical capabilities, ViaBTC has optimized the transmission process of the BTC network through multiple steps to ensure stabler mining benefits for its miners.

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According to the market law, under the current bear market cycle, the unsatisfactory cryptocurrency price and the soaring energy price make payback time light years away, and there should be a significant reduce in hashing power. However, recent increases in difficulty may indicate that Bitcoin miners are not so much concerned about the short-term price rise or fall any more.

It seems that this year’s crypto market has run out of stories. As the prices of Bitcoin and Ethereum continue to fluctuate, the market seems to have returned to what it used to be in 2018. The difference between today’s market and what it was in 2018 is that the Fed, determined to turn off the faucet, has been pushing hard to raise interest rates. According to the data released by U.S. authorities in September, the numbers have indeed started to fall, but the prices of goods remain at a high level, and the general public still suffers from stagflation.

At the 2022 Mainnet Conference, Ethereum founder Vitalik Buterin strongly urged blockchains like Dogecoin and Zcash that wish to improve their scalability to follow suit and shift to PoS.

Many analysts said that Ethereum's next upgrade, the "Shanghai upgrade", may turn the tide, which is also one of the most noteworthy Ethereum hard fork upgrades after the "London upgrade". In the "London Upgrade", Ethereum introduced the revolutionary EIP-1559 protocol to improve the original transaction fee mechanism and effectively reduce the inflation rate of Ethereum through the burning mechanism. So what changes will the much-anticipated "Shanghai upgrade" bring? Can it help Ethereum make a comeback?

The increase in difficulty has reduced the number of coins mined by miners during the same period of time. Now the declining price of ETC has also made some newcomers who want to try GPU mining undecided. Against this backdrop, is ETC still worth mining?

Reactions to the Merge vary significantly. Unlike people who joined the YouTube live stream party hosted by the Ethereum Foundation or recorded this wonderful moment on SNS platforms like Twitter, Ethereum miners, concerned with their financial interests, are looking for the next mining destination.

ViaBTC Pool, together with BitRock, is providing integrated one-stop solutions that cover performance improvement of mining machines, mining facility deployment, mining facility O&M, as well as the connection and management of hashrates. With the superior matching services provided by ViaBTC and BitRock, costs borne by miners will be further cut down.

In the blockchain space, each cryptocurrency was born with a mission. For instance, as stated in its white paper, Bitcoin carries the mission of building an all-new cash system, and Ethereum’s mission is to evolve into a distributed “world computer”. When it comes to mission, Monero, a long-standing crypto created in 2014, strives to become a secure, private, and untraceable cryptocurrency.