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A [[Pooled mining|mining pool]]. | A [[Pooled mining|mining pool]]. | ||
Ozcoin Pooled Mining Pty Ltd (ACN: 152509272) was founded June 7, 2011<ref>[http:// | Ozcoin Pooled Mining Pty Ltd (ACN: 152509272) was founded June 7, 2011<ref>[http://bitcointalk.org/index.php?topic=14085.0 Ozcoin - New Australian Pool]</ref>. | ||
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. | 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.<ref>[https://bitcointalk.org/index.php?topic=39497.0 Double Geometric Method]</ref> | On December 29 2011 the Double Geometric Method: Hopping-proof, low-variance reward system was introduced.<ref>[https://bitcointalk.org/index.php?topic=39497.0 Double Geometric Method]</ref> | ||
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[[Category:Pool Operators]] | [[Category:Pool Operators]] | ||
{{Pools}} | |||
Latest revision as of 01:54, 10 June 2019
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]
Servers to use
- Stratum - Use for ALL stratum capable mining software
stratum.ozco.in:3333 USA us.ozco.in:3333 USA (no port80 yet) au.ozco.in:3333 AU eustratum.ozco.in:3333 EU NEW cn.ozco.in:3333 China
- Port 80 mining now available on Stratum mining nodes
stratum.ozco.in:80 USA au.ozco.in:80 AU eustratum.ozco.in:80 NEW cn.ozco.in:80 China
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
References
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