[Talkether.org: Open beta release of Ethereum's first mining pool with decentralized mining process]

Talkether.org: Open beta release of Ethereum's first mining pool with decentralized mining process

tl;dr: talkether.org is Ethereum's first pool with a decentralized mining process. It helps to secure the Ethereum network by decentralizing it again. Miners of talkether.org will most likely have higher mining rewards (up to 20%) compared to other pools due to higher mining efficiency. Feel free to join the talkether.org pool. Further info: talkether.org

After an extensive alpha test the talkether.org team is proud to announce that Ethereum's first mining pool with decentralised mining process - talkether.org - opens registration for the whole Ethereum community.

During the alpha test, miners experienced up to 20% higher rewards compared to the pools they used before. This is because there are no mining time losses for getting the work from the pool since each miner of the talkether.org pool gets the work from its local node.

A small java application adjusts the difficulty. The ethminer instance tries to find a solution for this in difficulty reduced work. Once it finds a solution, this solution is sent to the Java application which forwards this solution to the local node and to the share server. On the talkether.org share server the solution is validated and saved. The pool rewards each block and uncle found. Each miner is paid according to its share calculated by the common and fair PPLNS scheme.

On top of that this pool design means that the mining process is decentralized. With the current network hashpower distribution (top 3 pools over 50%) the risk of a 51% attack for example is a real threat to the whole Ethereum network. Therefore, talkether.org gives the community the possibility to challenge these threats by decentralizing the mining process again.

Furthermore, the talkether.org pool has a built-in failover. Since miners set their user id in the extradata of each block even in the improbable case of a server downtime each miner of a block (identified by the extradata in the block) will get full block reward.

You would like to join the pool in order to increase your mining rewards and decentralize the network again? The registration and set-up process is very easy. Further information can be found here (in English, Russian and Chinese):

For Ubuntu: http://www.talkether.org/help-ubuntu
For Windows: http://www.talkether.org/help-win

Please note that the talkether.org pool is still in beta phase. We will add further pool and user statistics, monitoring functions on server side and cool monitoring and managing features on client side as well. During beta phase the pool fee is 0%. Throughout the beta phase you are encouraged to update regularly your talkether client.

For further information check out http://talkether.org, especially the FAQ section: talkether.org/faq

Let's start to decentralize the Ethereum network again Smiley

Cheers! Philipp

talkether.org - lets mine together