[2017-04-04] Bitmain’s Launches Bitcoin Mining Pool ConnectBTC

[bbc.reporter]

It was mentioned by some people that this mining pool will not be running Bitcoin Unlimited which Bitmain is known by the community to support. This new mining pool will be running the Bitcoin Core software which is a questionable move by them. Is Bitmain playing it safe?

Bitmaintech Israel, Bitmain’s first R&D center outside of China, has launched to the public ConnectBTC, a new Bitcoin mining pool. The latest product of Bitmaintech Israel’s lab, ConnectBTC aims to become “the new home for miners.”

ConnectBTC operates under a robust infrastructure and employs the latest cutting-edge technologies to allow members to maximize their profit and minimize the work required, the company claims. The pool charges 0% on pay per share (PPS) and subsidizes members with an additional 6% for a total of 106% of the block reward.

The pool provides detailed real-time information and analytics to miners and gives mining operators a better understanding of their performances, without the need to develop custom internal monitoring tools.

Read the whole article http://coinjournal.net/bitmains-israeli-rd-center-launches-bitcoin-mining-pool-connectbtc/

[rockmoney]

Just thought I would share an email I received today regarding ConnectBTC, their mining pool, and all other services. Although not a surprise, ConnectBTC is ceasing the pools operation as of October 17th 2018 at 00:00 UTC. The email reads as follows:

It's time to say goodbye.
In January 2017, we've launched ConnectBTC with the goal of providing miners with the best user experience of any of the pools in operation. Since then, we have gained many loyal customers and we are grateful to all of you for working with us, helping us to improve and to provide better service.

At this point, we feel that the value that we can provide to customer with the continued operation of the pool is limited and we've decided to cease the pool's operation.

The pool will stop accepting shares on October 17th 2018 at 00:00 UTC. Please be sure to switch your miners to another pool before that time.
On October 17th, all outstanding balances will be paid. The pool's UI will continue to be available for an additional 2 weeks in case you need to export any reports.

We are grateful for everyone who mined with us and will soon be releasing the pool's code for the benefit of the open source community.

If you have any questions feel free to reach out to us at support@connectbtc.com.

Keep on mining,

The ConnectBTC Team