Bitp.it: Difference between revisions
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Bitp.it (pronounced bit pit) is a Bitcoin mining pool where | Bitp.it (pronounced bit pit) is a Bitcoin mining pool where members 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. | 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. |
Revision as of 21:39, 13 February 2012
Bitp.it (pronounced bit pit) is a Bitcoin mining pool where members 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 utilizes the ESMPPS reward scheme to ensure fair payment in a PPS fashion, while avoiding the risk of paying out more than the pool.
See Also
External Links
- bitp.it web site
- bitp.it forum