Bitparking

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Revision as of 12:45, 7 May 2013 by Doublec (talk | contribs) (Update information now that bitparking is just a pool)
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A merge mining pool that allows mining bitcoins (BTC), Namecoin (NMC), ixcoin (IXC) and Devcoin (DVC). The pool originally started out as a PPS pool around January 28th 2012 but switched to the Double Geometric Method on May 1st, 2013 [1] for bitcoin rewards. The merge mined coins kept the PPS payment method.

Reward distribution

  • 1.5% fee with Double geometric method [2] for bitcoin rewards.
  • 2.5% fee with PPS method for merged mining rewards of Namecoin, Devcoin and ixcoin.
  • Pays for orphan blocks
  • Payout available as soon as a block is found for bitcoin and immediately a share is submitted for the merge mined coins. No waiting for 120 confirmations.

Extra Features

  • Stratum support with merge mining
  • IRC channel #mmpool on the freenode network

History

The Bitparking range of pools and exchanges originated when the operator started one of the first public bitcoin mining pools in October 2010 [3]. After that pool was closed Bitparking opened as a BTC/NMC exchange on June 03, 2011[4] and followed with a Namecoin mining pool. Over the Bitparking's history it has operated exchanges and pools for ixcoin, i0coin, ppcoin, and others but they have since closed.

See Also

References

  1. ↑ https://bitcointalk.org/index.php?topic=57148.msg1990982#msg1990982 Switch to Double Geometric Method
  2. ↑ https://bitcointalk.org/index.php?topic=39497.0 Double Geometric Method
  3. ↑ http://bluishcoder.co.nz/bitcoin-pool/ Bitcoin Mining Pool
  4. ↑ Announcing Bitparking Namecoin Exchange!!
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