Difference between revisions of "Eligius"

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To use it, a miner merely needs to be directed to mining.eligius.st on port 8337, with the username set to a valid bitcoin address (which receives the payout). '''No registration is needed.'''
 
To use it, a miner merely needs to be directed to mining.eligius.st on port 8337, with the username set to a valid bitcoin address (which receives the payout). '''No registration is needed.'''
  
Donation address: 1RNUbHZwo2PmrEQiuX5ascLEXmtcFpooL
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Donation address: 1E1igiusfEjs1pCaGjEERExE9gYcrFwow7 / Mx5FUQn8oBCoRdyBTUFu9JW5SsdEku56PP
  
 
Basic concepts:
 
Basic concepts:

Revision as of 05:13, 22 January 2012

Eligius, also sometimes referred to as Éloi or "Luke-Jr's pool", is a mining pool.

To use it, a miner merely needs to be directed to mining.eligius.st on port 8337, with the username set to a valid bitcoin address (which receives the payout). No registration is needed.

Donation address: 1E1igiusfEjs1pCaGjEERExE9gYcrFwow7 / Mx5FUQn8oBCoRdyBTUFu9JW5SsdEku56PP

Basic concepts:

  • Pool keeps all transaction fees to itself, plus 0.00000001 BTC per second since last-found block and 1 share per block (currently this works out to under 0.0003%, and gets smaller with more miners in the pool).
  • Remaining reward is divided equally among ALL shares contributed since its last-found block.
  • When a block is found, the miner is paid for that block immediately as a Generated transaction, but only if his total balance is over 1 BTC (to help the recipient avoid transaction fees).
  • If a block is orphaned, its shares become part of the next block's reward distribution.
  • No registration. Just send username with the address you want payouts to (password can be anything).
  • Will only include transactions in its blocks if the sender pays a fee of at least 0.00004096 BTC per 512 bytes.

Eligius was announced on April 27, 2011[1]. At the time the service was operated without a name, paying out even tiny coins immediately.

Eligius-related links

See Also

References