User:Kardus/sandbox - Revision history

Kardus: Blanked the page

2011-05-23T16:05:54Z

Blanked the page

← Older revision		Revision as of 16:05, 23 May 2011
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	Bithive is a [[Pooled mining\|mining pool]]. Its aim is to provide an alternative, stable pooling option for both professional and casual miners whilst fighting the threat posed by [[Weaknesses#Attacker_has_a_lot_of_computing_power\|insecure network dispersion]]. The service was first available for beta testing starting 14 May 2011<ref>[http://bithive.org Bithive News]</ref>, and they currently have fees set to '''0.01%''' as a promotion for testing purposes.

	~~==Reward distribution==~~

	~~Bithive uses a proportional sharing, which means that you are rewarded based on your contribution to finding a block.~~

	~~For example, if there were only two people in the pool both mining at 500 Mh/s, each would be rewarded approximately 25 BTC per block.~~
	~~If one of them was mining at 1 Gh/s, that person would receive ~33.3 bitcoins (66.6%) and the other person would receive 16.7 bitcoins,~~
	~~the remaining 33.3%. Bithive currently have a 0.01% fee for test purposes~~

	~~==See Also==~~

	* [[Pooled Mining]]

	~~==External Links==~~

	* [http://bithive.org Bithive] The official Bithive website

	~~==References==~~
	~~<references />~~

	~~[[Category:Pool Operators]]~~

Kardus at 16:05, 23 May 2011

2011-05-23T16:05:03Z

← Older revision		Revision as of 16:05, 23 May 2011
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	For example, if there were only two people in the pool both mining at 500 Mh/s, each would be rewarded approximately 25 BTC per block.		For example, if there were only two people in the pool both mining at 500 Mh/s, each would be rewarded approximately 25 BTC per block.
	If one of them was mining at 1 Gh/s, that person would receive ~33.3 bitcoins (66.6%) and the other person would receive 16.7 bitcoins,		If one of them was mining at 1 Gh/s, that person would receive ~33.3 bitcoins (66.6%) and the other person would receive 16.7 bitcoins,
	the remaining 33.3% We currently have a 0.01% fee for test purposes		the remaining 33.3%. Bithive currently have a 0.01% fee for test purposes

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

Kardus at 16:04, 23 May 2011

2011-05-23T16:04:24Z

← Older revision		Revision as of 16:04, 23 May 2011
Line 1:		Line 1:
	A [[Pooled mining\|mining pool]].		Bithive is a [[Pooled mining\|mining pool]]. Its aim is to provide an alternative, stable pooling option for both professional and casual miners whilst fighting the threat posed by [[Weaknesses#Attacker_has_a_lot_of_computing_power\|insecure network dispersion]]. The service was first available for beta testing starting 14 May 2011<ref>[http://bithive.org Bithive News]</ref>, and they currently have fees set to '''0.01%''' as a promotion for testing purposes.

			==Reward distribution==

	~~The service was first available for beta testing starting 18 May 2011<ref>[http://bithive.org~~ Bithive ~~News]</ref>~~.		Bithive uses a proportional sharing, which means that you are rewarded based on your contribution to finding a block.

	~~==Reward distribution==~~

	* Bithive uses proportional sharing. We currently have a 0.01% fee for test purposes		For example, if there were only two people in the pool both mining at 500 Mh/s, each would be rewarded approximately 25 BTC per block.
			If one of them was mining at 1 Gh/s, that person would receive ~33.3 bitcoins (66.6%) and the other person would receive 16.7 bitcoins,
			the remaining 33.3% We currently have a 0.01% fee for test purposes

	==See Also==		==See Also==
Line 14:		Line 15:
	==External Links==		==External Links==

	* [http://bithive.org Bithive] ~~web site~~		* [http://bithive.org Bithive] The official Bithive website

	==References==		==References==

Kardus: Created page with "A mining pool. The service was first available for beta testing starting 18 May 2011[http://bithive.org Bithive News]. ==Reward distribution== * ..."

2011-05-23T15:34:11Z

Created page with "A mining pool. The service was first available for beta testing starting 18 May 2011<ref>[http://bithive.org Bithive News]</ref>. ==Reward distribution== * ..."

New page

A [[Pooled mining|mining pool]].

The service was first available for beta testing starting 18 May 2011<ref>[http://bithive.org Bithive News]</ref>.

==Reward distribution==

* Bithive uses proportional sharing. We currently have a 0.01% fee for test purposes

==See Also==

* [[Pooled Mining]]

==External Links==

* [http://bithive.org Bithive] web site

==References==
<references />

[[Category:Pool Operators]]