https://en.bitcoin.it/w/api.php?action=feedcontributions&feedformat=atom&user=M.FaradayBitcoin Wiki - User contributions [en]2026-05-06T00:17:48ZUser contributionsMediaWiki 1.43.8https://en.bitcoin.it/w/index.php?title=Bitp.it&diff=23802Bitp.it2012-02-13T21:39:40Z<p>M.Faraday: </p>
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<div>Bitp.it (pronounced bit pit) is a Bitcoin mining pool where members can work together to solve blocks.<br />
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First launched June 12th, 2011, bitp.it is the only known mining pool to utilize a backend other than pushpool. Bitp.it chose to forgo the conventional route of pushpool due to it's numerous bugs and lack of scalability.<br />
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==Overview==<br />
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Bitp.it utilizes the ESMPPS reward scheme to ensure fair payment in a PPS fashion, while avoiding the risk of paying out more than the pool. <br />
==See Also==<br />
* [[Comparison of mining pools]]<br />
* [[Pooled Mining]]<br />
==External Links==<br />
* [https://pool.bitp.it bitp.it] web site<br />
* [http://forum.bitcoin.org/index.php?topic=12181.0 bitp.it forum]<br />
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==References==<br />
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[[Category:Pool Operators]]</div>M.Faraday