Difference between revisions of "Bitp.it"
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| − | Bitp.it (pronounced bit pit) | + | Bitp.it (pronounced bit pit) was a Bitcoin mining pool where members could work together to solve blocks. |
First launched June 12th, 2011, bitp.it chose to forgo the conventional route of pushpool due to it's numerous bugs and lack of scalability. | First launched June 12th, 2011, bitp.it chose to forgo the conventional route of pushpool due to it's numerous bugs and lack of scalability. | ||
| − | Its owners disappeared suddenly at the end of 2011. | + | Its owners disappeared suddenly at the end of 2011, taking all pool balances with them. |
==Overview== | ==Overview== | ||
| − | Bitp.it | + | Bitp.it utilized the ESMPPS reward scheme to ensure fair payment in a PPS fashion, while avoiding the risk of paying out more than the pool. |
==See Also== | ==See Also== | ||
* [[Comparison of mining pools]] | * [[Comparison of mining pools]] | ||
| Line 13: | Line 13: | ||
==External Links== | ==External Links== | ||
* [https://pool.bitp.it bitp.it] web site | * [https://pool.bitp.it bitp.it] web site | ||
| − | * [http:// | + | * [http://bitcointalk.org/index.php?topic=12181.0 bitp.it forum] |
==References== | ==References== | ||
<references /> | <references /> | ||
[[Category:Pool Operators]] | [[Category:Pool Operators]] | ||
| + | [[Category:Defunct products or services]] | ||
Latest revision as of 01:52, 10 June 2019
Bitp.it (pronounced bit pit) was a Bitcoin mining pool where members could work together to solve blocks.
First launched June 12th, 2011, bitp.it chose to forgo the conventional route of pushpool due to it's numerous bugs and lack of scalability.
Its owners disappeared suddenly at the end of 2011, taking all pool balances with them.
Contents
Overview
Bitp.it utilized the ESMPPS reward scheme to ensure fair payment in a PPS fashion, while avoiding the risk of paying out more than the pool.
See Also
External Links
- bitp.it web site
- bitp.it forum
