Slush Pool: Difference between revisions

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|foundation=November 27, 2010<ref name="thread">[http://www.bitcoin.org/smf/index.php?topic=1976.0  Cooperative mining (join us!)]</ref>
|foundation=November 27, 2010<ref name="thread">[http://www.bitcoin.org/smf/index.php?topic=1976.0  Cooperative mining (join us!)]</ref>
|owner=[[User:Slush|Slush]]
|owner=[[User:Slush|Slush]]
|hashrate=5.3 PHash/s<ref>[https://mining.bitcoin.cz/stats/ Slush's Pool Statistics]</ref>
|hashrate=5.7 PHash/s<ref>[https://mining.bitcoin.cz/stats/ Slush's Pool Statistics]</ref>
|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>.

Revision as of 22:01, 13 August 2014

Bitcoin Pooled Mining
Trading nameSlush's pool
IndustryMining pool
FoundedNovember 27, 2010[1]
Key peopleSlush
Websitehttps://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].

See Also

External Links

References