ViaBTC Extends Lifetime Referral Commissions to Miners Through Its Ambassador Program

ViaBTC has expanded its Ambassador Program to offer lifetime referral commissions to miners, paying referrers a share of mining rewards earned by referred miners. The move is designed to incentivize recruitment and retention, likely attracting smaller operators and consolidating loyalty within the pool. Key implication for Bitcoin: the program may strengthen ViaBTC’s network effects and grow its market share, raising modest centralization risks in mining distribution and altering miner incentives, though it does not change Bitcoin’s protocol.