BTC Guild - Revision history

NotATether: Hygiene BTC Guild: past tense, Defunct mining pools/companies, Coinbase transaction link, plain-text BitLicense, drop Pool Operators.

2026-09-22T07:30:18Z

Hygiene BTC Guild: past tense, Defunct mining pools/companies, Coinbase transaction link, plain-text BitLicense, drop Pool Operators.

← Older revision		Revision as of 07:30, 22 September 2026
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	{{Infobox company\|name=BTC Guild\|image=[[File:BTCGuild.png\|256px]]\|trading_name=BTC Guild\|industry=[[Mining pool]]\|founder=[[Eleuthria]]\|foundation=9 May 2011\|defunct=30 June 2015\|website=btcguild.com ~~(historical)~~}}		{{Infobox company\|name=BTC Guild\|image=[[File:BTCGuild.png\|256px]]\|trading_name=BTC Guild\|industry=[[Mining pool]]\|founder=[[Eleuthria]]\|foundation=9 May 2011\|defunct=30 June 2015\|website=btcguild.com}}
	'''BTC Guild''' was a [[Pooled mining\|mining pool]] that paid proportional ([[PPLNS]]) rewards. A miner's reward equalled the block value multiplied by that miner's valid shares in the round. The pool took no fee from each solved block and calculated rewards to the full eight decimal places supported by the Bitcoin protocol. It ran on user donations and offered higher service tiers at higher donation rates. Donations were taken from the individual user's reward when a block was calculated.		'''BTC Guild''' was a [[Pooled mining\|mining pool]] that paid proportional ([[PPLNS]]) rewards. A miner's reward equalled the block value multiplied by that miner's valid shares in the round. The pool took no fee from each solved block and calculated rewards to the full eight decimal places supported by the Bitcoin protocol. It ran on user donations and offered higher service tiers at higher donation rates. Donations were taken from the individual user's reward when a block was calculated.

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	== External links ==		== External links ==
	* [http://www.btcguild.com BTC Guild ~~(historical)~~]		* [http://www.btcguild.com BTC Guild]
	* [https://bitcointalk.org/index.php?topic=49417.msg11628010#msg11628010 Bitcointalk: shutdown announcement]		* [https://bitcointalk.org/index.php?topic=49417.msg11628010#msg11628010 Bitcointalk: shutdown announcement]

NotATether: Hygiene BTC Guild: past tense, Defunct mining pools/companies, Coinbase transaction link, plain-text BitLicense, drop Pool Operators.

2026-09-21T13:40:18Z

Hygiene BTC Guild: past tense, Defunct mining pools/companies, Coinbase transaction link, plain-text BitLicense, drop Pool Operators.

← Older revision		Revision as of 13:40, 21 September 2026
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	{{~~infobox~~ company\|name=BTC Guild\|image=[[File:BTCGuild.png\|256px]]		{{Infobox company\|name=BTC Guild\|image=[[File:BTCGuild.png\|256px]]\|trading_name=BTC Guild\|industry=[[Mining pool]]\|founder=[[Eleuthria]]\|foundation=9 May 2011\|defunct=30 June 2015\|website=btcguild.com (historical)}}
	\|trading_name=BTC Guild		'''BTC Guild''' was a [[Pooled mining\|mining pool]] that paid proportional ([[PPLNS]]) rewards. A miner's reward equalled the block value multiplied by that miner's valid shares in the round. The pool took no fee from each solved block and calculated rewards to the full eight decimal places supported by the Bitcoin protocol. It ran on user donations and offered higher service tiers at higher donation rates. Donations were taken from the individual user's reward when a block was calculated.
	\|industry=[[Mining pool]]
	\|founder=[[Eleuthria]]
	\|foundation=May 9, 2011
	\|~~hashrate~~=~~15.2 PHash/s~~
	\|website=~~http://www.~~btcguild.com
	}}'''BTC Guild''' was a [[Pooled mining\|mining pool]] ~~which offers~~ proportional ([[PPLNS]]) ~~based~~ rewards~~, where your~~ reward ~~is equal to~~ the block value, multiplied by ~~your~~ valid shares ~~submitted during~~ the round. The pool ~~does not take a~~ fee from each block ~~solved,~~ and ~~calculates~~ rewards to the full 8 decimal ~~points~~ supported by the Bitcoin protocol. ~~The pool is run off the~~ donations ~~of users,~~ and ~~is offering premium services~~ at ~~different~~ donation ~~levels to encourage users to donate a small percentage of their rewards~~. Donations ~~are~~ taken from the individual user's reward when a block is calculated.

	2.5% ~~donators~~ (calculated ~~on a~~ per block ~~basis~~) ~~are able to~~ claim ~~their~~ rewards without waiting for 120 confirmations ~~of the block~~. ~~This~~ also ~~acts~~ as ~~invalid~~ protection, similar to [[DeepBit]]~~, where~~ a user ~~can~~ claim rewards even if the block is later ~~invalidated/~~orphaned by the network.		Donors at 2.5% (calculated per block) could claim rewards without waiting for 120 confirmations. That also worked as orphan protection similar to [[DeepBit]]: a user could claim rewards even if the block was later orphaned by the network.

	The [[coinbase]] signature for ~~this~~ pool is: "Mined by BTC Guild"<ref>[https://blockchain.info/tx/0a04176e074d1bc651e969929b866b8d04104a964332c96fb6913ab863e2dac0 Example of decoded coinbase]</ref>.		The [[Coinbase transaction\|coinbase]] signature for the pool was: "Mined by BTC Guild".<ref>[https://blockchain.info/tx/0a04176e074d1bc651e969929b866b8d04104a964332c96fb6913ab863e2dac0 Example of decoded coinbase]</ref>

	BTC Guild ~~first~~ opened up on May ~~9th,~~ 2011.<ref>[http://bitcointalk.org/index.php?topic=7760.0 BTC Guild - 0% Fee Pool, Long polling, JSON API, invalid insurance]</ref> It ~~is currently~~ for sale ~~and a~~ possible buyer ~~has been found. There is~~ a 90 day notice period. If ~~the~~ sale ~~does not go through~~, another 90 day notice ~~period will be announced.~~ 30 days for the pool to stop ~~operation and an additional~~ 60 days for ~~users to withdraw their mining proceeds~~<ref>https://bitcointalk.org/index.php?topic=49417.msg9395478#msg9395478</ref>.		BTC Guild opened on '''9 May 2011'''.<ref>[http://bitcointalk.org/index.php?topic=7760.0 BTC Guild - 0% Fee Pool, Long polling, JSON API, invalid insurance]</ref> It was later offered for sale. A possible buyer was discussed with a 90-day notice period. If a sale failed, another 90-day notice was planned: 30 days for the pool to stop, then 60 more days for withdrawals.<ref>https://bitcointalk.org/index.php?topic=49417.msg9395478#msg9395478</ref>

	== Closure ==		== Closure ==
	On June ~~15th,~~ 2015, ~~it was~~ announced<ref>https://bitcointalk.org/index.php?topic=49417.msg11628010#msg11628010</ref> ~~that BTC Guild will be shutting down on June 30th, 2015. Its operator - Eleuthria - cited concerns over~~ low ~~percentage~~ of network hashrate vs funds in a hot wallet, ~~the [[~~New York ~~Bitlicense]]~~ and possible but ~~difficult~~ to prove gaming of the pool by miners.		On '''15 June 2015''', operator Eleuthria announced that BTC Guild would shut down on '''30 June 2015'''.<ref>https://bitcointalk.org/index.php?topic=49417.msg11628010#msg11628010</ref> The stated reasons included a low share of network hashrate versus funds kept in a hot wallet, New York BitLicense uncertainty, and possible but hard-to-prove gaming of the pool by miners.

	==See ~~Also~~==		== See also ==
			* [[Pooled mining]]
			* [[Comparison of mining pools]]
			* [[Eleuthria]]

	* [[~~Pooled Mining]~~]		== External links ==
			* [http://www.btcguild.com BTC Guild (historical)]
			* [https://bitcointalk.org/index.php?topic=49417.msg11628010#msg11628010 Bitcointalk: shutdown announcement]

	~~==External Links==~~		== References ==

	* [http://www.btcguild.com BTCGuild] web site

	==References==
	<references />		<references />
			{{Pools}}

	[[Category:~~Pool Operators~~]]		[[Category:Defunct mining pools]]
	~~{{Pools}}~~		[[Category:Defunct companies]]

Mercurytoxic: Minor change to note that it's no longer in existence

2023-07-27T04:02:07Z

Minor change to note that it's no longer in existence

← Older revision		Revision as of 04:02, 27 July 2023
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	\|hashrate=15.2 PHash/s		\|hashrate=15.2 PHash/s
	\|website=http://www.btcguild.com		\|website=http://www.btcguild.com
	}}'''BTC Guild''' is a [[Pooled mining\|mining pool]] which offers proportional ([[PPLNS]]) based rewards, where your reward is equal to the block value, multiplied by your valid shares submitted during the round. The pool does not take a fee from each block solved, and calculates rewards to the full 8 decimal points supported by the Bitcoin protocol. The pool is run off the donations of users, and is offering premium services at different donation levels to encourage users to donate a small percentage of their rewards. Donations are taken from the individual user's reward when a block is calculated.		}}'''BTC Guild''' was a [[Pooled mining\|mining pool]] which offers proportional ([[PPLNS]]) based rewards, where your reward is equal to the block value, multiplied by your valid shares submitted during the round. The pool does not take a fee from each block solved, and calculates rewards to the full 8 decimal points supported by the Bitcoin protocol. The pool is run off the donations of users, and is offering premium services at different donation levels to encourage users to donate a small percentage of their rewards. Donations are taken from the individual user's reward when a block is calculated.

	2.5% donators (calculated on a per block basis) are able to claim their rewards without waiting for 120 confirmations of the block. This also acts as invalid protection, similar to [[DeepBit]], where a user can claim rewards even if the block is later invalidated/orphaned by the network.		2.5% donators (calculated on a per block basis) are able to claim their rewards without waiting for 120 confirmations of the block. This also acts as invalid protection, similar to [[DeepBit]], where a user can claim rewards even if the block is later invalidated/orphaned by the network.

Gmaxwell: fix links

2019-06-10T02:06:49Z

fix links

← Older revision		Revision as of 02:06, 10 June 2019
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	The [[coinbase]] signature for this pool is: "Mined by BTC Guild"<ref>[https://blockchain.info/tx/0a04176e074d1bc651e969929b866b8d04104a964332c96fb6913ab863e2dac0 Example of decoded coinbase]</ref>.		The [[coinbase]] signature for this pool is: "Mined by BTC Guild"<ref>[https://blockchain.info/tx/0a04176e074d1bc651e969929b866b8d04104a964332c96fb6913ab863e2dac0 Example of decoded coinbase]</ref>.

	BTC Guild first opened up on May 9th, 2011.<ref>[http://~~forum.bitcoin~~.org/index.php?topic=7760.0 BTC Guild - 0% Fee Pool, Long polling, JSON API, invalid insurance]</ref> It is currently for sale and a possible buyer has been found. There is a 90 day notice period. If the sale does not go through, another 90 day notice period will be announced. 30 days for the pool to stop operation and an additional 60 days for users to withdraw their mining proceeds<ref>https://bitcointalk.org/index.php?topic=49417.msg9395478#msg9395478</ref>.		BTC Guild first opened up on May 9th, 2011.<ref>[http://bitcointalk.org/index.php?topic=7760.0 BTC Guild - 0% Fee Pool, Long polling, JSON API, invalid insurance]</ref> It is currently for sale and a possible buyer has been found. There is a 90 day notice period. If the sale does not go through, another 90 day notice period will be announced. 30 days for the pool to stop operation and an additional 60 days for users to withdraw their mining proceeds<ref>https://bitcointalk.org/index.php?topic=49417.msg9395478#msg9395478</ref>.

	== Closure ==		== Closure ==

TheRealSteve: /* Closure */

2015-06-16T01:50:14Z

Closure

← Older revision		Revision as of 01:50, 16 June 2015
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	== Closure ==		== Closure ==
	On June 15th, 2015, it was announced<ref>https://bitcointalk.org/index.php?topic=49417.msg11628010#msg11628010</ref> that BTC Guild will be shutting down on June 30th, 2015. Its operator - Eleuthria - cited concerns over low percentage of network hashrate vs funds in a hot wallet, the [New York Bitlicense] and possible but difficult to prove gaming of the pool by miners.		On June 15th, 2015, it was announced<ref>https://bitcointalk.org/index.php?topic=49417.msg11628010#msg11628010</ref> that BTC Guild will be shutting down on June 30th, 2015. Its operator - Eleuthria - cited concerns over low percentage of network hashrate vs funds in a hot wallet, the [[New York Bitlicense]] and possible but difficult to prove gaming of the pool by miners.

	==See Also==		==See Also==

TheRealSteve at 01:49, 16 June 2015

2015-06-16T01:49:45Z

← Older revision		Revision as of 01:49, 16 June 2015
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	BTC Guild first opened up on May 9th, 2011.<ref>[http://forum.bitcoin.org/index.php?topic=7760.0 BTC Guild - 0% Fee Pool, Long polling, JSON API, invalid insurance]</ref> It is currently for sale and a possible buyer has been found. There is a 90 day notice period. If the sale does not go through, another 90 day notice period will be announced. 30 days for the pool to stop operation and an additional 60 days for users to withdraw their mining proceeds<ref>https://bitcointalk.org/index.php?topic=49417.msg9395478#msg9395478</ref>.		BTC Guild first opened up on May 9th, 2011.<ref>[http://forum.bitcoin.org/index.php?topic=7760.0 BTC Guild - 0% Fee Pool, Long polling, JSON API, invalid insurance]</ref> It is currently for sale and a possible buyer has been found. There is a 90 day notice period. If the sale does not go through, another 90 day notice period will be announced. 30 days for the pool to stop operation and an additional 60 days for users to withdraw their mining proceeds<ref>https://bitcointalk.org/index.php?topic=49417.msg9395478#msg9395478</ref>.

			== Closure ==
			On June 15th, 2015, it was announced<ref>https://bitcointalk.org/index.php?topic=49417.msg11628010#msg11628010</ref> that BTC Guild will be shutting down on June 30th, 2015. Its operator - Eleuthria - cited concerns over low percentage of network hashrate vs funds in a hot wallet, the [New York Bitlicense] and possible but difficult to prove gaming of the pool by miners.

	==See Also==		==See Also==

TarasBot at 23:59, 4 March 2015

2015-03-04T23:59:48Z

← Older revision		Revision as of 23:59, 4 March 2015
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	\|founder=[[Eleuthria]]		\|founder=[[Eleuthria]]
	\|foundation=May 9, 2011		\|foundation=May 9, 2011
	\|hashrate=11.7 PHash/s		\|hashrate=15.2 PHash/s
	\|website=http://www.btcguild.com		\|website=http://www.btcguild.com
	}}'''BTC Guild''' is a [[Pooled mining\|mining pool]] which offers proportional ([[PPLNS]]) based rewards, where your reward is equal to the block value, multiplied by your valid shares submitted during the round. The pool does not take a fee from each block solved, and calculates rewards to the full 8 decimal points supported by the Bitcoin protocol. The pool is run off the donations of users, and is offering premium services at different donation levels to encourage users to donate a small percentage of their rewards. Donations are taken from the individual user's reward when a block is calculated.		}}'''BTC Guild''' is a [[Pooled mining\|mining pool]] which offers proportional ([[PPLNS]]) based rewards, where your reward is equal to the block value, multiplied by your valid shares submitted during the round. The pool does not take a fee from each block solved, and calculates rewards to the full 8 decimal points supported by the Bitcoin protocol. The pool is run off the donations of users, and is offering premium services at different donation levels to encourage users to donate a small percentage of their rewards. Donations are taken from the individual user's reward when a block is calculated.

Newar at 20:29, 2 November 2014

2014-11-02T20:29:35Z

← Older revision		Revision as of 20:29, 2 November 2014
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	\|hashrate=11.7 PHash/s		\|hashrate=11.7 PHash/s
	\|website=http://www.btcguild.com		\|website=http://www.btcguild.com
	}}'''BTC Guild''' is a [[Pooled mining\|mining pool]] which offers proportional based rewards, where your reward is equal to the block value, multiplied by your valid shares submitted during the round. The pool does not take a fee from each block solved, and calculates rewards to the full 8 decimal points supported by the Bitcoin protocol. The pool is run off the donations of users, and is offering premium services at different donation levels to encourage users to donate a small percentage of their rewards. Donations are taken from the individual user's reward when a block is calculated.		}}'''BTC Guild''' is a [[Pooled mining\|mining pool]] which offers proportional ([[PPLNS]]) based rewards, where your reward is equal to the block value, multiplied by your valid shares submitted during the round. The pool does not take a fee from each block solved, and calculates rewards to the full 8 decimal points supported by the Bitcoin protocol. The pool is run off the donations of users, and is offering premium services at different donation levels to encourage users to donate a small percentage of their rewards. Donations are taken from the individual user's reward when a block is calculated.

	2.5% donators (calculated on a per block basis) are able to claim their rewards without waiting for 120 confirmations of the block. This also acts as invalid protection, similar to [[DeepBit]], where a user can claim rewards even if the block is later invalidated/orphaned by the network.		2.5% donators (calculated on a per block basis) are able to claim their rewards without waiting for 120 confirmations of the block. This also acts as invalid protection, similar to [[DeepBit]], where a user can claim rewards even if the block is later invalidated/orphaned by the network.

Newar at 19:07, 2 November 2014

2014-11-02T19:07:16Z

← Older revision		Revision as of 19:07, 2 November 2014
Line 6:		Line 6:
	\|hashrate=11.7 PHash/s		\|hashrate=11.7 PHash/s
	\|website=http://www.btcguild.com		\|website=http://www.btcguild.com
	}}BTC Guild is a [[Pooled mining\|mining pool]] which offers proportional based rewards, where your reward is equal to the block value, multiplied by your valid shares submitted during the round. The pool does not take a fee from each block solved, and calculates rewards to the full 8 decimal points supported by the Bitcoin protocol. The pool is run off the donations of users, and is offering premium services at different donation levels to encourage users to donate a small percentage of their rewards. Donations are taken from the individual user's reward when a block is calculated.		}}'''BTC Guild''' is a [[Pooled mining\|mining pool]] which offers proportional based rewards, where your reward is equal to the block value, multiplied by your valid shares submitted during the round. The pool does not take a fee from each block solved, and calculates rewards to the full 8 decimal points supported by the Bitcoin protocol. The pool is run off the donations of users, and is offering premium services at different donation levels to encourage users to donate a small percentage of their rewards. Donations are taken from the individual user's reward when a block is calculated.

	2.5% donators (calculated on a per block basis) are able to claim their rewards without waiting for 120 confirmations of the block. This also acts as invalid protection, similar to [[DeepBit]], where a user can claim rewards even if the block is later invalidated/orphaned by the network.		2.5% donators (calculated on a per block basis) are able to claim their rewards without waiting for 120 confirmations of the block. This also acts as invalid protection, similar to [[DeepBit]], where a user can claim rewards even if the block is later invalidated/orphaned by the network.

Newar at 19:01, 2 November 2014

2014-11-02T19:01:34Z

← Older revision		Revision as of 19:01, 2 November 2014
Line 10:		Line 10:
	2.5% donators (calculated on a per block basis) are able to claim their rewards without waiting for 120 confirmations of the block. This also acts as invalid protection, similar to [[DeepBit]], where a user can claim rewards even if the block is later invalidated/orphaned by the network.		2.5% donators (calculated on a per block basis) are able to claim their rewards without waiting for 120 confirmations of the block. This also acts as invalid protection, similar to [[DeepBit]], where a user can claim rewards even if the block is later invalidated/orphaned by the network.

	The [[coinbase]] signature for this pool is: "Mined by BTC Guild"<ref>https://blockchain.info/tx/0a04176e074d1bc651e969929b866b8d04104a964332c96fb6913ab863e2dac0 Example of decoded coinbase]</ref>.		The [[coinbase]] signature for this pool is: "Mined by BTC Guild"<ref>[https://blockchain.info/tx/0a04176e074d1bc651e969929b866b8d04104a964332c96fb6913ab863e2dac0 Example of decoded coinbase]</ref>.

	BTC Guild first opened up on May 9th, 2011.<ref>[http://forum.bitcoin.org/index.php?topic=7760.0 BTC Guild - 0% Fee Pool, Long polling, JSON API, invalid insurance]</ref> It is currently for sale and a possible buyer has been found. There is a 90 day notice period. If the sale does not go through, another 90 day notice period will be announced. 30 days for the pool to stop operation and an additional 60 days for users to withdraw their mining proceeds<ref>https://bitcointalk.org/index.php?topic=49417.msg9395478#msg9395478</ref>.		BTC Guild first opened up on May 9th, 2011.<ref>[http://forum.bitcoin.org/index.php?topic=7760.0 BTC Guild - 0% Fee Pool, Long polling, JSON API, invalid insurance]</ref> It is currently for sale and a possible buyer has been found. There is a 90 day notice period. If the sale does not go through, another 90 day notice period will be announced. 30 days for the pool to stop operation and an additional 60 days for users to withdraw their mining proceeds<ref>https://bitcointalk.org/index.php?topic=49417.msg9395478#msg9395478</ref>.