Slush Pool

From Bitcoin Wiki
(Redirected from Bitcoin Pooled Mining)
Jump to navigation Jump to search
Slush Pool
IndustryMining pool
FoundedNovember 27, 2010[1]
Key peopleSlush
Block maker
First hashNovember 27, 2010
First blockDecember 16, 2010 (97834)
Hashrate1.300 EH/s[2]

Slush Pool, also formerly known as Mining, is the oldest mining pool, and the first known to be publicly available. Slush Pool was announced on November, 27, 2010 under the name Bitcoin Pooled Mining Server[1] and operated on a share strategy that involved an artificially low difficulty method that has since been determined to be vulnerable to cheating. The pool now follows a score-based method, where older shares (from beginning of the round) have a lower value than newer shares, which serves to demotivate a cheater from switching between pools inside a round. Balances accumulate on the server, and are sent out when a user-set threshold balance is reached. There is a fixed fee of 2%, as of December 10, 2017[3].

The coinbase signature for this pool is: "/slush/" [4].

See Also

External Links