Eligius

From Bitcoin Wiki
Jump to: navigation, search

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: 1RNUbHZwo2PmrEQiuX5ascLEXmtcFpooL

Basic concepts:

  • Pool keeps all transaction fees to itself, plus 0.00000001 BTC per second since last-found block (currently this works out to about 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