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'''Mining Team Reddit''', shortened to '''MtRed''' or '''Mt. Red''', was a [[Pooled mining|mining pool]] for redditors.
'''Mining Team Reddit''', shortened to '''MtRed''' or '''Mt. Red''', was a [[Pooled mining|mining pool]] for [[/r/Bitcoin]] users. This pool paid out using a proportional share reward system (your shares / total shares for the round) = % share of the rewards.  


This pool paid out using a proportional share reward system (your shares / total shares for the round) = % share of the rewards.
The pool was opened in May 2011<ref>[http://bitcointalk.org/index.php?topic=9911.0 Eu.MtRed.com - Beta Testing my Hacks on PushPool]</ref> and was later reorganized into a [[BTC Guild]] team as mining became more competitive.
 
The service was opened in May, 2011.<ref>[http://forum.bitcoin.org/index.php?topic=9911.0 Eu.MtRed.com - Beta Testing my Hacks on PushPool]</ref>


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

Latest revision as of 02:09, 10 June 2019

Mining Team Reddit, shortened to MtRed or Mt. Red, was a mining pool for /r/Bitcoin users. This pool paid out using a proportional share reward system (your shares / total shares for the round) = % share of the rewards.

The pool was opened in May 2011[1] and was later reorganized into a BTC Guild team as mining became more competitive.

See Also

Exernal Links

References