Difference between revisions of "BTC Guild"
|Line 4:||Line 4:|
BTCGuild first opened up on May 9th, 2011<ref>
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>.
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.
- BTCGuild web site
- http://forum.bitcoin.org/index.php?topic=7760.0 BTC Guild - 0% Fee Pool, Long polling, JSON API, invalid insurance