Difference between revisions of "ArsBitcoin"

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A [[Pooled mining|mining pool]] originally created for the [http://arstechnica.com Ars Technica] community.  The pool is open to the public.
 
A [[Pooled mining|mining pool]] originally created for the [http://arstechnica.com Ars Technica] community.  The pool is open to the public.
  
This pool pays out using a proportional share reward system (your shares / total shares for the round) = % share of the rewards.
+
This pool pays out using a Shared Maximum Pay-Per-Share system.  This means that it credits miners with a constant BTC per share based on the current difficulty.  It then attempts to pay out miners as much as possible when new blocks are found.  This method prevents pool-hoppers from getting a higher than average value for their shares.  More details about payment system on the homepage or bitcoin forums.
  
 
The service was first available on June 15, 2011<ref>[http://arstechnica.com/civis/viewtopic.php?p=21758236#p21758236  Ars Technica forum thread</ref>.
 
The service was first available on June 15, 2011<ref>[http://arstechnica.com/civis/viewtopic.php?p=21758236#p21758236  Ars Technica forum thread</ref>.

Revision as of 21:23, 6 July 2011

A mining pool originally created for the Ars Technica community. The pool is open to the public.

This pool pays out using a Shared Maximum Pay-Per-Share system. This means that it credits miners with a constant BTC per share based on the current difficulty. It then attempts to pay out miners as much as possible when new blocks are found. This method prevents pool-hoppers from getting a higher than average value for their shares. More details about payment system on the homepage or bitcoin forums.

The service was first available on June 15, 2011[1]. It was announced on the Bitcoin forums on June 17th, 2011[2].

Reward distribution

  • Proportional: 0% fee.

See Also

External Links

References