BTC Guild: Difference between revisions
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BTCGuild is a [[Pooled mining|mining pool]] which offers proportional based rewards, where your reward is equal to the block value, multiplied by your valid shares submitted during the round. The pool does not take a fee from each block solved, and calculates rewards to the full 8 decimal points supported by the Bitcoin protocol. The pool is run off the donations of users, and is offering premium services at different donation levels to encourage users to donate a small percentage of their rewards. Donations are taken from the individual user's reward when a block is calculated. | {{infobox company|name=Eligius|image=[[File:BTGGuild.png|256px]] | ||
|trading_name=BTC Guild | |||
|industry=[[Mining pool]] | |||
|foundation=May 9, 2011 | |||
|hashrate=8.5 PHash/s | |||
|website=http://www.btcguild.com | |||
}}BTCGuild is a [[Pooled mining|mining pool]] which offers proportional based rewards, where your reward is equal to the block value, multiplied by your valid shares submitted during the round. The pool does not take a fee from each block solved, and calculates rewards to the full 8 decimal points supported by the Bitcoin protocol. The pool is run off the donations of users, and is offering premium services at different donation levels to encourage users to donate a small percentage of their rewards. Donations are taken from the individual user's reward when a block is calculated. | |||
2.5% donators (calculated on a per block basis) are able to claim their rewards without waiting for 120 confirmations of the block. This also acts as invalid protection, similar to [[DeepBit]], where a user can claim rewards even if the block is later invalidated/orphaned by the network. | 2.5% donators (calculated on a per block basis) are able to claim their rewards without waiting for 120 confirmations of the block. This also acts as invalid protection, similar to [[DeepBit]], where a user can claim rewards even if the block is later invalidated/orphaned by the network. | ||
Revision as of 21:02, 10 April 2014
BTCGuild is a mining pool which offers proportional based rewards, where your reward is equal to the block value, multiplied by your valid shares submitted during the round. The pool does not take a fee from each block solved, and calculates rewards to the full 8 decimal points supported by the Bitcoin protocol. The pool is run off the donations of users, and is offering premium services at different donation levels to encourage users to donate a small percentage of their rewards. Donations are taken from the individual user's reward when a block is calculated.
2.5% donators (calculated on a per block basis) are able to claim their rewards without waiting for 120 confirmations of the block. This also acts as invalid protection, similar to DeepBit, where a user can claim rewards even if the block is later invalidated/orphaned by the network.
BTCGuild first opened up on May 9th, 2011[1].
See Also
External Links
- BTCGuild web site