Difference between revisions of "Ozco.in"

From Bitcoin Wiki
Jump to: navigation, search
Line 8: Line 8:
  
 
* Double geometric method: Hopping-proof, low-variance reward system
 
* Double geometric method: Hopping-proof, low-variance reward system
* Fee free
+
* 3% Fee
 +
* Pay out TXN fees
 +
* Merged Namecoin Mining
 
* Payout after 120 confirmations.
 
* Payout after 120 confirmations.
 
* Instant payout for 5% donors
 
* Instant payout for 5% donors
 
* Automatic script runs every 10 minutes
 
* Automatic script runs every 10 minutes
 +
* Pay Per Share at 5%fee available
  
 
==Extra Features==
 
==Extra Features==
Line 19: Line 22:
 
* Friendly welcoming IRC chanel at irc.freenode.net #ozcoin or via the "WebChat" page on site.
 
* Friendly welcoming IRC chanel at irc.freenode.net #ozcoin or via the "WebChat" page on site.
 
* SSL
 
* SSL
* US and AU servers
+
* US and EU servers
  
 
==See Also==
 
==See Also==
Line 28: Line 31:
 
==External Links==
 
==External Links==
  
* [https://ozco.in Ozco.in] web site
+
* [https://ozcoin.net Ozcoin] web site
  
 
==References==
 
==References==

Revision as of 13:55, 3 September 2012

A mining pool.

Ozcoin Pooled Mining Pty Ltd (ACN: 152509272) was founded June 7, 2011[1]. This pool started out using a proportional share reward system (your shares / total shares for the round) x (50BTC + transaction fees included in block)= % share of the rewards. On December 29 2011 the Double Geometric Method: Hopping-proof, low-variance reward system was introduced.[2]

Reward distribution

  • Double geometric method: Hopping-proof, low-variance reward system
  • 3% Fee
  • Pay out TXN fees
  • Merged Namecoin Mining
  • Payout after 120 confirmations.
  • Instant payout for 5% donors
  • Automatic script runs every 10 minutes
  • Pay Per Share at 5%fee available

Extra Features

  • Email notification of change to account settings
  • Email on payout.
  • Extensive stats.
  • Friendly welcoming IRC chanel at irc.freenode.net #ozcoin or via the "WebChat" page on site.
  • SSL
  • US and EU servers

See Also

External Links

References