ArsBitcoin: Difference between revisions
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BurningToad (talk | contribs) Created page with "A mining pool. This pool pays out using a proportional share reward system (your shares / total shares for the round) = % share of the rewards. The service wa..." |
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A [[Pooled mining|mining pool]]. | A [[Pooled mining|mining pool]] originally created for the [http://arstechnica.com Ars Technica] community. The pool is open to the public. | ||
This pool pays out using a | This pool pays out using a Shared Maximum Pay-Per-Share system. This means that it credits miners with a constant BTC per share based on the current difficulty. It then attempts to pay out miners as much as possible when new blocks are found. This method prevents pool-hoppers from getting a higher than average value for their shares. More details about payment system on the homepage or bitcoin forums. | ||
The service was first available on June 15, 2011<ref>[http://arstechnica.com/civis/viewtopic.php?p=21758236#p21758236 Ars Technica forum thread</ref>. | The service was first available on June 15, 2011<ref>[http://arstechnica.com/civis/viewtopic.php?p=21758236#p21758236 Ars Technica forum thread]</ref>. | ||
It was announced on the Bitcoin forums on June 17th, 2011<ref>[ | It was announced on the Bitcoin forums on June 17th, 2011<ref>[https://bitcointalk.org/index.php?topic=18567.0 ArsBitcoin on bitcoin forum]</ref>. | ||
==Reward distribution== | ==Reward distribution== | ||
* | * SMPPS: 0% fee. | ||
==See Also== | ==See Also== | ||
Latest revision as of 22:52, 18 February 2012
A mining pool originally created for the Ars Technica community. The pool is open to the public.
This pool pays out using a Shared Maximum Pay-Per-Share system. This means that it credits miners with a constant BTC per share based on the current difficulty. It then attempts to pay out miners as much as possible when new blocks are found. This method prevents pool-hoppers from getting a higher than average value for their shares. More details about payment system on the homepage or bitcoin forums.
The service was first available on June 15, 2011[1]. It was announced on the Bitcoin forums on June 17th, 2011[2].
Reward distribution
- SMPPS: 0% fee.
See Also
External Links
- ArsBitcoin web site