What is Auto Switch (Smart Mining)?
Auto Switch Mode provides an automated way of profitable mining using the designated algorithm to monitor the real-time status of possible returns. In comparison to manual switch, it's more flexible and easier to keep tracking of your mining returns.
How to enable Auto Switch?
Please kindly be advised:
Before enabling auto switch mode, you're required to configure smart mining URL: stratum+tcp://bitcoin.viabtc.com:3333; You can skip this step if you've previously added that in the manual switch mode.
1. Go to www.viabtc.com then click [Settings] from the drop-down menu on your right hand side.
2. Click [Modify Mode & Coin Type] in the mining settings, select [Auto Switch] to enable it.
3. Select "Auto Switch" from the drop-down menu under the "Modify mode & Coin type". For instance, if you're going to change mining mode in the Bitcoin Pool, you'll need to select 'Auto Switch' first then tick checkmark on the right, tap "Exit" to save recent changes.
Frequently Asked Questions
Q: What is the unique feature of Auto Switch compares to Manual Switch?
A: It's more flexible and easy to set up, SHA-256 mining algorithm compatible.
Q: How long will it take to be activated after enabling Auto Switch?
A: Once Auto Switch is on, system will monitor the possible return rate of all compatible coins using a designated algorithm and switch to the one with higher profits, you may go to the Pool panel for more accurate mining status.
Q: Why I can't see my earnings increased after enabling Auto Switch mode?
A: Auto Switch mode demands high-efficiency when it switch between the current mined coins to the new one with possible high returns, specified using designated algorithm and current difficulty, thus it's not a guarantee pass for high returns when "Auto Switch" is on.
Q: Is there any requirements of MIN. limit of hashrate before enabling Auto Switch?
A: There is no minimum limit of hashrate in your account before enabling Auto Switch in your account.
Q: Which type of coins are supported in Auto Switch mode?
A: Currently all types of coins in Bitcoin Pool are supported in Auto Switch mode, including BTC, BCH and BSV.
Q: When will the mining rewards distributed to my account?
A: Rewards distribution are varies for different mining modes, and distribution time remained unchanged compares to the one in Manual Switch mode.
Q: Can I use part of hashrate to mine a designated coin after enabling Auto Switch?
A: After enabling Auto Switch, hashrate connecting to your account will switch from one to the other automatically using a designated algorithm.
Q: Will I receive hashrate fluctuation notification after enabling Auto Switch?
A: You're required to set hashrate fluctutation notification for all compatible coins by the time enabling Auto Switch, more detailed guideline can be found here.
What is Auto Conversion?
By enabling automatic conversion to BTC, your BSV/BCH balance will be automatically converted into BTC on an hour basis.
Please kindly be advised:
The convertible amount is determined by the available account balance, regardless of deposits or mining payout, it'll be automatically converted into BTC once you enabled the option.
Is there a MIN. limit for auto conversion?
After enabling auto conversion, it'll be functional only after your remained account balance (BCH or BSV) is no less than 0.05.
How to enable Auto Conversion?
1. Go to www.viabtc.com and click "Assets" on your left hand side.
2. Select a compatible coin (BTC, BSV, BCH) and hit icon next to the withdraw button to enable it.(e.g. BCH）
3. Set the button to "on" then click confirm to enable auto conversion for the selected coin type.