View source for Pool.itzod.ru

A [[Pooled mining|mining pool]].

Itzod mining pool was founded July 01, 2011 <ref>[https://bitcointalk.org/index.php?topic=44024.0 [100 GH/s] pool.itzod.ru - 0.00002959745558 BTC per share (0% fee)]</ref> <ref>[https://bitcointalk.org/index.php?topic=25127.0 pool.itzod.ru - Новый пул совместной генерации]</ref>.

This pool started out using a proportional reward system (your shares / total shares for the round) x (50BTC + transaction fees included in block)= % share of the rewards. 

* On August 07 2011 the Score-Based reward distribution system was introduced.
* On September 03 2011 switched to SMPPS reward system.
* On January 20 2012 switched to RSMPPS reward system.

==Reward distribution==

* The statistics update and reward distribution script runs automatically when received a new network block.
* Fee free
* Pays for invalid blocks
* Minimum payout is 0.1 BTC
* Payout after 120 confirmations.
* RSMPPS: not "hoppable" and low-variance reward distribution system
* 8-digit payout calculation precision

==Extra Features==
* Charts of hashrate, user shares in round and more
* Detailed real-time statistics
* Email notification of workers shutdown
* English and Russian interface with automatic locale detection
* JSON over HTTP and JSON over WebSocket statistics export
* Lightweight and fast user interface
* Password generator
* Reward calculator
* SSL

==See Also==

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

==External Links==

* [https://pool.itzod.ru pool.itzod.ru] web interface
* [https://bitcointalk.org/index.php?topic=25127.0] official thread
* [https://bitcointalk.org/index.php?topic=44024.0] english thread

==References==
<references />

[[Category:Pool Operators]]