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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> | ||
== 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== | ==Reward distribution== | ||
Revision as of 08:49, 18 July 2014
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