Difference between revisions of "Bitparking"

From Bitcoin Wiki
Jump to: navigation, search
(Update information now that bitparking is just a pool)
(Replaced content with "See Merge Mining Pool.")
Line 1: Line 1:
A merge mining pool that allows mining bitcoins (BTC), [[Namecoin]] (NMC), ixcoin (IXC) and [[Devcoin]] (DVC). The pool originally started out as a PPS pool around January 28th 2012 but switched to the Double Geometric Method on May 1st, 2013 <ref>https://bitcointalk.org/index.php?topic=57148.msg1990982#msg1990982 Switch to Double Geometric Method</ref> for bitcoin rewards. The merge mined coins kept the PPS payment method.
See [[Merge Mining Pool]].
==Reward distribution==
* 1.5% fee with Double geometric method <ref>https://bitcointalk.org/index.php?topic=39497.0 Double Geometric Method</ref> for bitcoin rewards.
* 2.5% fee with PPS method for merged mining rewards of [[Namecoin]], [[Devcoin]] and ixcoin.
* Pays for orphan blocks
* Payout available as soon as a block is found for bitcoin and immediately a share is submitted for the merge mined coins. No waiting for 120 confirmations.
==Extra Features==
* Stratum support with merge mining
* IRC channel #mmpool on the freenode network
The Bitparking range of pools and exchanges originated when the operator started one of the first public bitcoin mining pools in October 2010 <ref>http://bluishcoder.co.nz/bitcoin-pool/ Bitcoin Mining Pool</ref>. After that pool was closed Bitparking opened as a BTC/NMC exchange on June 03, 2011<ref>[http://bitcointalk.org/index.php?topic=11694.0 Announcing Bitparking Namecoin Exchange!!]</ref> and followed with a Namecoin mining pool. Over the Bitparking's history it has operated exchanges and pools for ixcoin, i0coin, ppcoin, and others but they have since closed.
==See Also==
* [http://mmpool.bitparking.com/pool Bitparking merge mining pool] website
<references />
[[Category:Pool Operators]]

Revision as of 12:09, 2 April 2014