|First hash||November 27, 2010|
|First block||December 16, 2010 (97834)|
, also formerly known as Bitcoin.cz 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
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
The coinbase signature for this pool is: "/slush/" .