Ozco.in: Difference between revisions
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* Double geometric method: Hopping-proof, low-variance reward system | * Double geometric method: Hopping-proof, low-variance reward system | ||
* Fee | * 3% Fee | ||
* Pay out TXN fees | |||
* Merged Namecoin Mining | |||
* Payout after 120 confirmations. | * Payout after 120 confirmations. | ||
* Instant payout for 5% donors | * Instant payout for 5% donors | ||
* Automatic script runs every 10 minutes | * Automatic script runs every 10 minutes | ||
* Pay Per Share at 5%fee available | |||
==Extra Features== | ==Extra Features== | ||
| Line 19: | Line 22: | ||
* Friendly welcoming IRC chanel at irc.freenode.net #ozcoin or via the "WebChat" page on site. | * Friendly welcoming IRC chanel at irc.freenode.net #ozcoin or via the "WebChat" page on site. | ||
* SSL | * SSL | ||
* US and | * US and EU servers | ||
==See Also== | ==See Also== | ||
| Line 28: | Line 31: | ||
==External Links== | ==External Links== | ||
* [https:// | * [https://ozcoin.net Ozcoin] web site | ||
==References== | ==References== | ||
Revision as of 13:55, 3 September 2012
A mining pool.
Ozcoin Pooled Mining Pty Ltd (ACN: 152509272) was founded June 7, 2011[1]. This pool started out using a proportional share reward system (your shares / total shares for the round) x (50BTC + transaction fees included in block)= % share of the rewards. On December 29 2011 the Double Geometric Method: Hopping-proof, low-variance reward system was introduced.[2]
Reward distribution
- Double geometric method: Hopping-proof, low-variance reward system
- 3% Fee
- Pay out TXN fees
- Merged Namecoin Mining
- Payout after 120 confirmations.
- Instant payout for 5% donors
- Automatic script runs every 10 minutes
- Pay Per Share at 5%fee available
Extra Features
- Email notification of change to account settings
- Email on payout.
- Extensive stats.
- Friendly welcoming IRC chanel at irc.freenode.net #ozcoin or via the "WebChat" page on site.
- SSL
- US and EU servers
See Also
External Links
- Ozcoin web site