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Bitp.it is an embedable Javascript Bitcoin Miner which creates a [[Distributed Miners| Distributed Miner]] through sending workunits to different browsers viewing a webpage.
Bitp.it (pronounced bit pit) is a Bitcoin mining pool where member can work together to solve blocks.
 
First launched June 12th, 2011, bitp.it is the only known mining pool to utilize a backend other than pushpool. Bitp.it chose to forgo the conventional route of pushpool due to it's numerous bugs and lack of scalability.


==Overview==
==Overview==


To use Bitp.it, the user signs up on the homepage. They then are sent a customized javascript script to embed in the <head> section of their webpage. This then uses the browser of users viewing the webpage as a [[Cpu Miner]], pooling the distributed resources to earn Bitcoins through [[Bitcoin Pooled Mining|Slush's Pool]].
Bitp.it pays out after a found block has 120 confirmation, and payouts are purely proportional. The pool is 100% free, charging no fee to it's members.  
 
==History==
 
The project was announced on May 20, 2011 by 1bitc0inplz, one of the lead developers<ref>[http://forum.bitcoin.org/index.php?topic=9042.0 Embedable Javascript Bitcoin miner for your website]</ref>.
 
The project, met with resounding approval, soon gained a better UI and more features such as an overview of the performance of all sites, the ability to change your wallet, and a view of the current balance.
 
==See Also==
==See Also==
 
* [[Comparison of mining pools]]
*  [[Distributed Miners]]
* [[Pooled Mining]]
* [[Browser Bitcoin Miner]]
* [[Cpu Miner]]
 
==External Links==
==External Links==
 
* [https://pool.bitp.it bitp.it] web site
* [http://bitp.it Bitp.it]
* [http://forum.bitcoin.org/index.php?topic=12181.0 bitp.it forum]


==References==
==References==
<references />
[[Category:Pool Operators]]
 
[[Category:Distributed Miners]]

Revision as of 01:43, 5 July 2011

Bitp.it (pronounced bit pit) is a Bitcoin mining pool where member can work together to solve blocks.

First launched June 12th, 2011, bitp.it is the only known mining pool to utilize a backend other than pushpool. Bitp.it chose to forgo the conventional route of pushpool due to it's numerous bugs and lack of scalability.

Overview

Bitp.it pays out after a found block has 120 confirmation, and payouts are purely proportional. The pool is 100% free, charging no fee to it's members.

See Also

External Links

References

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