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A [[Pooled mining|mining pool]].
BTC Guild is a [[Pooled mining|mining pool]].


This pool pays out using a proportional share reward system (your shares / total shares for the round) = % share of the rewards.
This pool pays out with either Pay-per-Share (PPS) or Pay-per-Last-N-Shares (PPLNS) reward systems.


The service was first available on May 09, 2011<ref>[http://www.bitcoin.org/smf/index.php?topic=7760.0  BTC Guild - 0% Fee Mining Pool (Long polling, JSON API)]</ref>.
The service was first publicly available on May 09, 2011<ref>[http://www.bitcoin.org/smf/index.php?topic=7760.0  BTC Guild - 0% Fee Mining Pool (Long polling, JSON API)]</ref>.


==Reward distribution==
==Reward distribution==


* Proportional: 0% fee.
* Pay-per-Share: 5% fee.
* Pay-per-Last-N-Shares: 3% fee (pays out block transaction fees and orphaned blocks)
 
 
==Mining Protocols==
 
* Getwork servers with optional merged mining of Namecoins.
* Stratum servers utilizing variable difficulty (20 shares per minute) and manual minimum difficulty selection (up to 512).
 


==See Also==
==See Also==
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* [[Comparison of mining pools]]
* [[Comparison of mining pools]]
* [[Pooled Mining]]
* [[Pooled Mining]]


==External Links==
==External Links==


* [http://www.btcguild.com BTC Guild] web site
* [https://www.btcguild.com BTC Guild] web site
* [https://bitcointalk.org/index.php?topic=49417.0 Bitcointalk] Current Forum Thread
 


==References==
==References==

Revision as of 23:41, 16 February 2013

BTC Guild is a mining pool.

This pool pays out with either Pay-per-Share (PPS) or Pay-per-Last-N-Shares (PPLNS) reward systems.

The service was first publicly available on May 09, 2011[1].

Reward distribution

  • Pay-per-Share: 5% fee.
  • Pay-per-Last-N-Shares: 3% fee (pays out block transaction fees and orphaned blocks)


Mining Protocols

  • Getwork servers with optional merged mining of Namecoins.
  • Stratum servers utilizing variable difficulty (20 shares per minute) and manual minimum difficulty selection (up to 512).


See Also


External Links


References