Slush Pool: Difference between revisions
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|website=https://mining.bitcoin.cz/ | |website=https://mining.bitcoin.cz/ | ||
}}'''Bitcoin Pooled Mining''' (BPM), better known as '''Slush's pool''', is the oldest [[Pooled mining|mining pool]], and the first known to be publicly available. Slush's pool was announced on November, 27, 2010 under the name Bitcoin Pooled Mining Server<ref name="thread"/> and operated on a share strategy that involved an artificially low [[difficulty]] method that has since been determined to be vulnerable to cheating. The pool now follows a score-based method, where older shares (from beginning of the round) have a lower value than newer shares, which serves to demotivate a cheater from switching between pools inside a round. Balances accumulate on the server, and are sent out when a user-set threshold balance is reached. There is a fixed fee of 2%, as of March 10, 2011<ref>[https://www.bitcoin.org/smf/index.php?topic=1976.msg63615#msg63615 Cooperative mining (update 2011-03-10)]</ref>. | }}'''Bitcoin Pooled Mining''' (BPM), better known as '''Slush's pool''', is the oldest [[Pooled mining|mining pool]], and the first known to be publicly available. Slush's pool was announced on November, 27, 2010 under the name Bitcoin Pooled Mining Server<ref name="thread"/> and operated on a share strategy that involved an artificially low [[difficulty]] method that has since been determined to be vulnerable to cheating. The pool now follows a score-based method, where older shares (from beginning of the round) have a lower value than newer shares, which serves to demotivate a cheater from switching between pools inside a round. Balances accumulate on the server, and are sent out when a user-set threshold balance is reached. There is a fixed fee of 2%, as of March 10, 2011<ref>[https://www.bitcoin.org/smf/index.php?topic=1976.msg63615#msg63615 Cooperative mining (update 2011-03-10)]</ref>. | ||
The [[coinbase]] signature for this pool is: "/slush/" <ref>[https://blockchain.info/tx/8e058f90d3f287cd25a178b4396ed362bf90ee82b2f19aaf66f56424819f3d82 Example of decoded coinbase]</ref>. | |||
==See Also== | ==See Also== | ||
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==External Links== | ==External Links== | ||
* [http://mining.bitcoin.cz Bitcoin Pooled Mining | * [http://mining.bitcoin.cz Bitcoin Pooled Mining Oficial website] | ||
==References== | ==References== | ||
Revision as of 19:26, 2 November 2014
Bitcoin Pooled Mining
| Trading name | Slush's pool |
| Industry | Mining pool |
| Founded | November 27, 2010[1] |
| Key people | Slush |
| Website | https://mining.bitcoin.cz/ |
Bitcoin Pooled Mining (BPM), better known as Slush's pool, is the oldest mining pool, and the first known to be publicly available. Slush's pool was announced on November, 27, 2010 under the name Bitcoin Pooled Mining Server[1] and operated on a share strategy that involved an artificially low difficulty method that has since been determined to be vulnerable to cheating. The pool now follows a score-based method, where older shares (from beginning of the round) have a lower value than newer shares, which serves to demotivate a cheater from switching between pools inside a round. Balances accumulate on the server, and are sent out when a user-set threshold balance is reached. There is a fixed fee of 2%, as of March 10, 2011[2].
The coinbase signature for this pool is: "/slush/" [3].
See Also
External Links
References
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