Difference between revisions of "BTC Guild"

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BTCGuild is a [[Pooled mining|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.
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{{infobox company|name=Eligius|image=[[File:BTGGuild.png|256px]]
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|trading_name=BTC Guild
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|industry=[[Mining pool]]
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|foundation=May 9, 2011
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|hashrate=8.5 PHash/s
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|website=http://www.btcguild.com
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}}BTCGuild is a [[Pooled mining|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.
 
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.

Revision as of 21:02, 10 April 2014

Eligius
Trading nameBTC Guild
IndustryMining pool
FoundedMay 9, 2011
Websitehttp://www.btcguild.com
BTCGuild 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].


See Also

External Links

References