BTC Guild: Difference between revisions
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|trading_name=BTC Guild | |trading_name=BTC Guild | ||
|industry=[[Mining pool]] | |industry=[[Mining pool]] | ||
|founder=[[Eleuthria]] | |||
|foundation=May 9, 2011 | |foundation=May 9, 2011 | ||
|defunct=November 30, 2014 | |||
|hashrate=11.7 PHash/s | |hashrate=11.7 PHash/s | ||
|website=http://www.btcguild.com | |website=http://www.btcguild.com | ||
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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>. | 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> It is due to close on November 30, 2014.<ref>https://bitcointalk.org/index.php?topic=49417.msg9395478#msg9395478</ref> | ||
Revision as of 19:55, 31 October 2014
| Trading name | BTC Guild |
| Industry | Mining pool |
| Founded | May 9, 2011 |
| Defunct | November 30, 2014 |
| Founder(s) | Eleuthria |
| Website | http://www.btcguild.com |
BTC Guild 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, 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.[1] It is due to close on November 30, 2014.[2]
See Also
External Links
- BTCGuild web site
References
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