BTC Guild: Difference between revisions
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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. | 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.net, 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.net, 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. | BTCGuild first opened up on May 9th, 2011<ref>[http://forum.bitcoin.org/index.php?topic=7760.0 BTC Guild - 0% Fee Pool, Long polling, JSON API, invalid insurance</ref>. | ||
==See Also== | |||
* [[Pooled Mining]] | |||
==External Links== | |||
* [http://www.btcguild.com BTCGuild] web site | |||
==References== | |||
<references /> | |||
[[Category:Pool Operators]] | |||
Revision as of 16:07, 30 May 2011
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.net, 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
References
- ↑ [http://forum.bitcoin.org/index.php?topic=7760.0 BTC Guild - 0% Fee Pool, Long polling, JSON API, invalid insurance