Bitcoin Forum
May 25, 2024, 06:34:55 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2014-03-14] Next Generation Bitcoin Mining Pool that Gives Back (directpool)  (Read 1345 times)
Ripdon007 (OP)
Full Member
***
Offline Offline

Activity: 280
Merit: 100


View Profile
March 14, 2014, 08:05:23 PM
 #1

Ok so this is definitely something for all the miners to check out. I think these guys have a really cool idea with the donations being given to the bitcoin projects.

https://www.directpool.net
https://directpool.net/index.php?page=about&action=pr
https://bitcointalk.org/index.php?topic=472122

FOR IMMEDIATE RELEASE:

Next Generation Bitcoin Mining Pool that Gives Back

New Bitcoin Pool enters the Mining Arena

New York, NY, March 14, 2014 – Directpool.net officially launched a Bitcoin Mining Pool with a 1% pool fee. Registration to the pool is open to all miners.

Directpool founders brought together a skilled team to provide a Bitcoin pool that will match the services of larger pools and further distribute hashing power. The pool is merge mine ready for Namecoin so miners get rewarded with two coins not just Bitcoins. It features a PPLNS payment system and variable difficulty for better worker load. The team is fully capable of keeping miners’ information and bitcoins safe by using responsible security practices. Directpool sits behind a fully Secure Sockets Layer (SSL) connection to make sure miners information stays encrypted and implemented DDOS mitigation for robustness.

The main goal behind starting Directpool was that the founders wanted to give back to the Bitcoin community as that is the key to the future of Bitcoin itself. They have taken the initiative to fund Bitcoin related projects through any donation that may be collected at Directpool. Directpool is collaborating with Bitcoin Business Alliance (BBA) to work out a structure to handle the donations for worthy projects. More information on this will be provided in the near future.

Donald (x3maniac), lead developer:

"Directpool's focus is to serve the bitcoin mining community, since we are all miners to begin with. I joined this project to ensure that the bitcoin mining community has an awesome pool that is extremely reliable and secure. Thanks to our web development team, the website looks neat and fresh. I like how my stats are displayed and I can easily access the most used features of the pool in the Quick Stats menu."

The Bitcoin community raised concerns about a pool reaching the 51% network hashpower. That pool can potentially control double-spend transactions, effect confirmations and prevent miners from mining valid blocks. Satoshi himself was opposed to centralization of Bitcoin protocol. The pool had responded by limiting new miners to their respective pool all the way to raising pool fees. Ultimately, the choice for miners was to move their equipment to other pools to greater diversify hash power across the network. A mining pool’s purpose should be to expand bitcoin to better the economic structure. This is where Directpool comes in as the next generation mining pool to further redistribute total network hashrate while giving back to the Bitcoin community.

About Directpool

Directpool.net is a modified version of Eloipool Engine which is capable of handling computing power from GPUs to the largest of ASIC equipment as well as any size mining farm. The pool is running on private dedicated equipment and moderated by talented admins to make it safe, secure, and highly stable. For further information please visit DirectPool.net

Contact

Josh Harris / Media Josh@directpool.net

I mine my bitcoins at https://www.directpool.net ### I get my bitcoin news fix at https://coinreport.net
kjlimo
Legendary
*
Offline Offline

Activity: 2114
Merit: 1031


View Profile WWW
March 14, 2014, 08:08:40 PM
 #2

TL:DR - is this the same thing as Devcoin?

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
Ripdon007 (OP)
Full Member
***
Offline Offline

Activity: 280
Merit: 100


View Profile
March 14, 2014, 08:14:47 PM
 #3

TL:DR - is this the same thing as Devcoin?

No this is a strictly Bitcoin + NMC merge mining only pool

I mine my bitcoins at https://www.directpool.net ### I get my bitcoin news fix at https://coinreport.net
kjlimo
Legendary
*
Offline Offline

Activity: 2114
Merit: 1031


View Profile WWW
March 14, 2014, 08:23:37 PM
 #4

TL:DR - is this the same thing as Devcoin?

No this is a strictly Bitcoin + NMC merge mining only pool

right, but is the concept any different?

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
Ripdon007 (OP)
Full Member
***
Offline Offline

Activity: 280
Merit: 100


View Profile
March 14, 2014, 09:19:40 PM
 #5

TL:DR - is this the same thing as Devcoin?

No this is a strictly Bitcoin + NMC merge mining only pool

right, but is the concept any different?

I don't understand what you're asking exactly.. What do you mean "concept any different"? You should read the news to understand what's going on... thx  Smiley

I mine my bitcoins at https://www.directpool.net ### I get my bitcoin news fix at https://coinreport.net
seriouscoin
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
March 14, 2014, 10:55:17 PM
 #6

TL:DR - is this the same thing as Devcoin?

No this is a strictly Bitcoin + NMC merge mining only pool

right, but is the concept any different?

Stop trying to sound smart... jesus
VarDiff
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
March 15, 2014, 03:55:11 AM
 #7



DirectPool.net added to mining pools database
Good luck, miners
Ripdon007 (OP)
Full Member
***
Offline Offline

Activity: 280
Merit: 100


View Profile
March 15, 2014, 03:07:03 PM
 #8



DirectPool.net added to mining pools database
Good luck, miners

That's cool! I didn't know your website existed until now, you've got a good idea going with that!

I mine my bitcoins at https://www.directpool.net ### I get my bitcoin news fix at https://coinreport.net
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!