Coinotron is one of the world's first dual-coin [[Pooled mining|mining pools]]. You can mine there bitcoins and namecoins!

This pool pays out using a proportional share reward system (your shares / total shares for the round) = % share of the rewards.

The service was first available on June 26, 2011.

==See Also==

* [[Comparison of mining pools]]
* [[Pooled Mining]]

==Exernal Links==

[http://www.coinotron.com Coinotron]

[[Category:Pool Operators]]

Comparison of mining pools

2011-07-10T09:03:19Z

Coinotron:

Reward types & explanation:
* '''PPS''' - Pay Per Share. Each submitted share is worth certain amount of BTC. Since finding a block requires <current difficulty> shares ''on average'', a PPS method with 0% fee would be 50 BTC divided by <current difficulty>. It is risky for pool operators, hence the fee is highest.
* '''SMPPS''' - Shared Maximum Pay Per Share. Like Pay Per Share, but never pays more than the pool earns. [http://eligius.st/wiki/index.php/Shared_Maximum_PPS]
* '''Prop.''' - Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found.
* '''Score''' - Score based system: a proportional reward, but weighed by time submitted. Each submitted share is worth more in the function of time ''t'' since start of current round. For each share score is updated by: score += exp(t/C). This makes later shares worth much more than earlier shares, thus the miner's score quickly diminishes when they stop mining on the pool. Rewards are calculated proportionally to scores (and not to shares). (at slush's pool C=300 seconds, and every hour scores are normalized)

{| class="wikitable sortable"
|-
! Name !! Location !! Hashrate (GHash/sec)<ref name="hashrate">Hashrate is given in gigahash/second.</ref><ref name="hashrate2">Note that pool hashrate is largely irrelevant but can be seen as a popularity measurement. Note however that it is a theoretical security issue if one pool gains above 50% of the total computational power of the network, thus consider joining a pool based on other metrics.</ref> !! Reward Type !! Transaction fees !! Fee PPS !! Fee Prop / Score !! Audits<ref name="auditing">Auditing can be accomplished by third-parties if the pool publishes proofs-of-work for every share.</ref> !! Protocol !! Launched !! Forum Thread !! Homepage
|-
| [[21bitcoin|21bitcoin]] || CN, HK || 2 || Prop. || kept by pool || || 0% || ? || RPC (+LP) || 2011-06-20 || [http://forum.bitcoin.org/index.php?topic=20056.0] || [http://21bitcoin.com/pool/ Link]
|-
| [[ArsBitcoin|ArsBitcoin]] || USA || 111 || SMPPS || kept by pool || 0%|| || ? || RPC (+LP) || 2011-06-15 || [http://forum.bitcoin.org/index.php?topic=18567.0 Link] || [http://arsbitcoin.com/ Link]
|-
| [[bestbitcoinminingpool|bestbitcoinminingpool]] || Australia || 3 || Prop. || kept by pool || || 0% || ? || RPC (+LP) || 2011-07-01 || [http://forum.bitcoin.org/index.php?topic=25001.0] || [http://www.bestbitcoinminingpool.com/ Link]
|-
| [[Betcoin.co_Pool|Betcoin.co Pool]] || USA || 4 (new) || Prop. || kept by pool || || 0% || ? || RPC (+LP) || 2011-07-07 || [http://forum.bitcoin.org/index.php?topic=26439.0 Link] || [http://pool.betcoin.co/ Link]
|-
| [[Bitclockers|BitClockers]] || USA, EU || 80 || Prop. || kept by pool || || 2% || ? || RPC (+LP) || 2011-05-27 || [http://forum.bitcoin.org/index.php?topic=10127.0 Link] || [http://bitclockers.com/ Link]
|-
| [[Bitcoin_Pool|Bitcoin Mining Pool]] || USA || 272 || Prop. || kept by pool || || 0%<ref name="donations">Donations are possible</ref> || ? || RPC (+LP) || Unknown || [http://bitcoinpool.com/forum/ Link] || [http://www.bitcoinpool.com/ Link]
|-
| [[Bitcoin_Pooled_Mining|Bitcoin Pooled Mining (Slush)]] || London || 1491 || Score || kept by pool || || 2% || ? || RPC || 2010-11-27 || [http://forum.bitcoin.org/index.php?topic=1976.0 Link] || [http://mining.bitcoin.cz/ Link]
|-
| [[Bitcoins.lc]] || EU || 460 || Prop. || kept by pool || || 0% || ? || RPC (+LP) || 2011-05-27 || [http://forum.bitcoin.org/index.php?topic=10121.0 Link] || [http://www.bitcoins.lc/ Link]
|-
| [[BitLotto Pool]] || Los Angeles || 1 || Prop || kept by pool || || || ? || RPC (+LP) || 2011-06-08 || [http://forum.bitcoin.org/index.php?topic=13794.0 Link] || [http://www.bitlottopool.com/ Link]
|-

| [[Bitp.it]] || USA || 55 || Prop || kept by pool || || 0% || ? || RPC (+LP) || 2011-06-08 || [http://forum.bitcoin.org/index.php?topic=12181.0 Link] || [https://pool.bitp.it Link]
|-
| [[BTC Guild]] || USA, EU || 2800 || Prop. || kept by pool || || 0%<ref name="donationsf">Donations are possible to unlock features</ref>|| ? || RPC || 2011-05-09 || [http://forum.bitcoin.org/index.php?topic=7760.0 Link] || [http://www.btcguild.com/ Link]
|-
| [[BTCMine]] || UK || 480 || Score || kept by pool || || 2% || ? || RPC (+LP) || 2011-03-11 || [http://forum.bitcoin.org/index.php?topic=4251.0 Link] || [http://www.btcmine.com/ Link]
|-
| [[btcmp.com]] || Germany || 17 || Prop || kept by pool || || 0% || ? || RPC (+LP) || 2011-06-28 || || [http://www.btcmp.com/ Link]
|-
| [[Btcworld.de]] || Germany || 5 || Prop || kept by pool || || ? || ? || RPC (+LP) || 2011-06-18 || || [http://btcworld.de/ Link]
|-
| [http://chwpool.kr105.com/ CHWpool] || Chile || 10 || Prop || kept by pool || || 1% || ? || RPC (+LP) || 2011-06-30 || || [http://chwpool.kr105.com/ Link]
|-
| [[Coinotron]] || Poland || 6 || Prop. || kept by pool || || 0% || ? || RPC (+LP) || 2011-07-06 || [http://forum.bitcoin.org/index.php?topic=26727.0 Link] || [http://www.coinotron.com/ Link]
|-
| [[Continuum]] || Canada || 16 || Score || kept by pool || || 0% || ? || RPC (+LP) || 2011-05-17 || [http://forum.bitcoin.org/index.php?topic=8660.0 Link] || [http://www.continuumpool.com/ Link]
|-
| [[DeepBit]] || Germany || 4180 || PPS / Prop. || kept by pool || 10% || 3% || ? || RPC (+LP) || 2011-02-26 || [http://forum.bitcoin.org/index.php?topic=3889.0 Link] || [http://deepbit.net/ Link]
|-
| [[PolMine]] || Poland|| 90 || Prop. || kept by pool || || 0% || ? || RPC (+LP) || 2011-06-13 || [http://forum.bitcoin.org/ Link] || [http://polmine.pl/ Link]
|-
| [[Eclipse Mining Consortium]] || USA / Europe / AU / Asia || 50 || Prop / Score || kept by pool || || 0% || ? || RPC (+LP) || 2011-06-14 || [http://forum.bitcoin.org/index.php?topic=16385.0 Link] || [https://eclipsemc.com Link]
|-
| [[Eligius]] || Germany || 230 || SMPPS || kept by pool || 0.000004%<ref name="donations">Donations are possible</ref> || || Yes<ref name="auditnote">Access to Eligius proofs-of-work is available on request.</ref> || RPC (+LP) || 2011-04-27 || [http://forum.bitcoin.org/index.php?topic=6667.0 Link] || [http://eligius.st Link]
|-
| [[Mineco.in]] || UK || 130 || Prop || Shared || || 0% || ? || RPC (+LP) || 2011-06-15 || [http://forum.bitcoin.org/index.php?topic=17310.0 Link] || [https://mineco.in/ Link]
|-
| [[Mining Team Reddit (MtRed)]] || USA, EU || 212 || Prop || kept by pool || || 0%<ref name="donations">Donations are possible</ref> || ? || RPC (+LP) || 2011-05-25 || [http://forum.bitcoin.org/index.php?topic=15929.0 1] [http://reddit.com/r/mtred/ 2] || [http://www.mtred.com/ Link]
|-
| [[NoFeeMining]] || USA || 48 || Prop || Shared || || 0% || ? || RPC (+LP) || 2011-06-17 || [http://forum.bitcoin.org/index.php?topic=18301.0 Link] || [http://www.nofeemining.com/ Link]
|-
| [[Ozco.in]] || AUS || 41 || Prop || Kept in Pool || || 1% || ? || RPC (+LP) || 2011-06-08 || [http://forum.bitcoin.org/index.php?topic=14085.0/ Link] || [http://www.ozco.in Link]
|-
| [[rfcpool]] || UK || 7 || Prop & PPS || Kept in Pool || 7% || 0% || ? || RPC (+LP) || 2011-07-05 || [http://forum.bitcoin.org/index.php?topic=26164.0/ Link] || [https://www.rfcpool.com Link]
|-
| [[Simplecoin]] || Unknown || 1.4 || Prop|| kept by pool || || 0%<ref name="simplecoin">While in testing.</ref> || ? || RPC (+LP) || 2011-06-02 || [http://forum.bitcoin.org/index.php?topic=11186.0 Link] || [http://simplecoin.us/ Link]
|-
| [[Swepool]] || Sweden || 13 || Prop || kept by pool || || 0% || ? || RPC (+LP) || 2011-05-14 || [http://forum.bitcoin.org/index.php?topic=8288.0 Link] || [http://swepool.net/ Link]
|-
| [[Triplemining]] || Europe || 45 || Prop || kept by pool || || 1% || Yes<ref name="auditnote2">Access to proofs-of-work is available on request.</ref> || RPC (+LP) || 2011-06-28 || [http://forum.bitcoin.org/index.php?topic=23664.0 Link] || [https://www.triplemining.com/ Link]
|-
| [[x8s]] || Germany || 4 || Prop || kept by pool || || 1% || ? || RPC (+LP) || 2011-06-08 || [http://forum.bitcoin.org/index.php?topic=13275 Link] || [http://btc.x8s.de/ Link]
|-
| [[ZA Bitcoin]] || South Africa|| 0.4 || Score || kept by pool || || 0% || ? || RPC (+LP) || 2011-06-14 || [http://forum.bitcoin.org/index.php?topic=17830.0 Link] || [http://www.zabitcoin.co.za/ Link]
|-
| [[HydraCoin]] || Italy|| 4.5 || Score || kept by pool || || 0% || ? || RPC (+LP) || 2011-06-27 || [http://forum.bitcoin.org/index.php?topic=22343.0 Link] || [http://www.hydracoin.com/ Link]
|}

<references/>

== See also ==
*[[Pooled mining]]
*[http://bcx.me/ Bitcoin Mining Pool Tracker]

[[Category:Mining]]