Cryptocurrency mining remains a popular way for investors to earn digital assets by contributing computational power to blockchain networks. Among the various mining pools available, Huobi Pool has established itself as a notable player in the space. This guide explores what coins you can mine on Huobi Pool, how its reward systems work, and what factors to consider when choosing a mining pool.
Supported Cryptocurrencies on Huobi Pool
Huobi Pool currently supports mining for several major cryptocurrencies:
Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), and Decred (DCR).
An important feature of Huobi Pool is that all supported coins allow dual mining with HPT (Huobi Pool Token), enabling miners to simultaneously earn both the primary cryptocurrency and HPT rewards. This dual-income model enhances overall profitability and incentivizes long-term participation in the pool.
👉 Discover how dual mining can boost your crypto earnings today.
Each coin uses a specific payout model designed to balance fairness, stability, and risk between miners and the pool operator:
- BTC – FPPS (Full Pay Per Share)
- BCH – PPS (Pay Per Share)
- LTC – PPS
- ETH – FPPS
- ETC – PPS
- DCR – PPS
Let’s break down these two core reward models to help you understand how they affect your mining income.
Understanding Mining Reward Models
Mining pools use different payout structures to distribute block rewards among participants. These models influence how frequently and predictably miners receive payments. Here are the most common ones used across platforms like Huobi Pool.
1. FPPS (Full Pay Per Share)
FPPS includes both the block reward and transaction fees in the payout calculation. Miners are paid for every valid share they submit, based on the expected value of future blocks. This model offers more stable earnings over time but exposes the pool operator to higher risk due to fluctuating block discovery rates and transaction fee volatility.
FPPS is used for BTC and ETH on Huobi Pool—two of the most valuable and widely mined cryptocurrencies.
2. PPS (Pay Per Share)
Under the PPS model, miners receive an immediate fixed payment for each valid share, regardless of whether the pool finds a block. The pool operator absorbs the variance risk and typically charges a higher fee to compensate for this. While this guarantees consistent short-term payouts, it may reduce long-term returns during high-luck periods.
PPS is applied to BCH, LTC, ETC, and DCR on Huobi Pool.
Other Mining Reward Methods in the Industry
While Huobi Pool primarily uses FPPS and PPS, it's useful to understand alternative payout models found in other mining ecosystems:
Slush Method
One of the earliest mining reward systems, this method assigns lower weight to older shares within a round. It discourages miners from switching pools mid-round to chase better odds ("pool hopping"). While fairer in theory, it can lead to less predictable earnings.
Luke-Jr Method
Combines features of Slush and Puddinpop models. Payments are made immediately upon block discovery, and shares are reused across blocks. However, payouts are only issued when a miner’s balance exceeds 1 BTC—or after one week of inactivity, regardless of balance.
Triplemining
Designed for smaller pools, this method aggregates hashing power across multiple pools. After a block is found, 1% of the reward is distributed among participating pools based on their contributed hashrate. This helps smaller operations remain competitive.
P2Pool
A decentralized mining approach where miners operate nodes on a peer-to-peer "share chain." There's no central authority, reducing vulnerability to attacks or shutdowns. Rewards are split with 99% going to miners and 0.5% to the node that generates the block.
Puddinpop Method
Uses “meta-hash” technology and requires specialized software. Due to complexity and lack of adoption, no major pool currently uses this model.
Among all these, PPS remains the most widely adopted due to its simplicity and reliability—used by major platforms such as deepbit.net and btcguild.com.
How to Choose the Right Mining Pool
Selecting a mining pool isn't just about which coins are supported—it's about aligning your hardware, goals, and risk tolerance with the right platform.
Key Factors to Consider:
- Hashrate Distribution: A pool with higher collective hashrate increases the frequency of finding blocks, leading to more consistent payouts.
- Payout Model: Decide if you prefer steady income (PPS) or potentially higher long-term returns with variable risk (FPPS).
- Fees: Compare service charges across pools. Some FPPS pools charge up to 3–4%, while PPS models may have even higher fees due to assumed risk.
- Transparency & Uptime: Look for pools offering real-time dashboards, low downtime, and clear reporting.
- Dual Mining Support: Platforms like Huobi Pool offer additional rewards through tokens like HPT—this can significantly improve ROI.
👉 Compare mining profitability across top platforms and find your optimal setup.
Frequently Asked Questions (FAQ)
Q: Can I mine multiple coins at once on Huobi Pool?
A: Yes. Huobi Pool supports dual mining, allowing you to earn both a primary cryptocurrency (like BTC or ETH) and HPT tokens simultaneously, maximizing your output without extra hardware.
Q: What is the difference between PPS and FPPS?
A: PPS pays a fixed amount per share, including only the block reward. FPPS includes both block rewards and transaction fees in the payout, offering potentially higher returns but with slightly more variance.
Q: Is Huobi Pool safe and reliable?
A: Huobi Pool is operated by a well-known crypto ecosystem with transparent operations, real-time monitoring tools, and strong network security protocols. Always verify current user reviews and uptime statistics before committing large-scale rigs.
Q: Do I need special software to mine on Huobi Pool?
A: No. Standard mining software like CGMiner, BFGMiner, or PhoenixMiner works with Huobi Pool. Just configure your wallet address and worker details in the settings.
Q: How often are payouts distributed?
A: Payout schedules depend on the coin and model. Most PPS-based coins offer frequent micro-payments, while FPPS payouts may be subject to minimum thresholds or daily processing windows.
Q: Can I switch coins easily within Huobi Pool?
A: Yes. You can reconfigure your miners to target any supported coin (BTC, BCH, LTC, ETH, ETC, DCR). However, switching too frequently may impact efficiency due to setup time and network latency.
Final Thoughts
Huobi Pool offers a robust platform for miners seeking access to top-tier cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others. With support for advanced payout models like FPPS and PPS, plus the added benefit of dual mining with HPT, it provides flexible earning opportunities tailored to different risk appetites.
However, success in mining depends not only on the pool you choose but also on understanding reward mechanisms, managing operational costs, and staying updated on market trends.
👉 Start optimizing your mining strategy with real-time data and tools now.
Whether you're a beginner or an experienced miner, taking time to research and test different configurations will pay off in the long run. Remember: informed decisions lead to better returns in the competitive world of cryptocurrency mining.
Keywords: Huobi Pool, mine Bitcoin, Ethereum mining, cryptocurrency mining, dual mining, FPPS vs PPS, mining reward models, HPT token