Bitcoin Forum

just read news that btcguild is going to be sold or bought out by another company.  Any body have any info on that.  Of course we hope it is not another big mining pool that is buying them out, that wouldn't be good.

Thanks for reading.

https://bitcointalk.org/index.php?topic=49417.msg9397724#msg9397724

I think a discuss fish would be very interested to buy btcguild through a middleman.

Gooooo F2Pool!

Sad to hear that they can't carry on their business without  complying with the new issuing regulation.

First i thought it was forced to shut down by certain agencies but at least for now i know it's being bought out. I'll just wait for conformation on the news.

I think that GHash.IO would be a seriously interested potential buyer to expand their already massive mining operations.

So btcguild is operating in the US too?

Sad that such an honest pool is being sold...
The owner is awesome; does not get much better tbh.

I would doubt that either pool would be interested in buying btcguild, at least in it's current state.

According to https://blockchain.info/pools BTCguild only has ~5% of the network hashrate over the past 24 hours, this compares to 29% and 19% for discus fish and ghash respectivly, so both pools would be gaining relatively small amount of hashrate. This plus the fact that most mining is doing by large corporate farms which little of which is apparently done on BTCguild, making it to be not a great acquisition target.

I would say that BTCguild would likely be purchased by someone who is running a very small pool with under 1% of the network or by someone who is looking to start their own pool

Its really sad that btcguild is closing down. 51% risk is higher now...

Well it is at least much better than eleuthria's original plan of shutting the pool down.