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DeepBit was a mining pool. The site currently reports a hash rate of 0 Gh/s[1], many users report the pool as abandoned[2] and the last block seems to have been found on 28. November 2013[3]. The pool operator who opened the announcement / support thread on the BitcoinTalk Forum was last active on 16. March 2014[4].

This pool aimed to provide a simple reward sharing scheme and fast payments. It was once the biggest mining pool and at one point had more than 50% of the overall hash power at the time[5].

The service was first available for beta testing starting February 26, 2011[6].

Reward distribution

  • Proportional: 3% fee.
  • Pay-Per-Share mode: Current rate shown on website.

ASIC hardware

On September 10th, 2012, the owner of DeepBit announced plans for a custom Bitcoin mining ASIC termed Reclaimer.[7]. On April 8th, 2013, cancellation of the project was announced, citing lack of public interest.[8]

See Also