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Author Topic: Islamic mining pools?  (Read 1354 times)
Hakim1986
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June 27, 2011, 07:58:05 PM
 #1

Salam.

I wondered if there are any islamic mining pools. Solo mining is no option for me, as I think pool mining is the only option that is conform with the principles of Islamic Banking: sharing of profit and loss.

Are there any islamic mining pools, where I can share my profit with other muslims?


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deepceleron
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June 27, 2011, 11:11:13 PM
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principles of Islamic Banking: sharing of profit and loss.
All pools share that philosophy. People pool up so they can get more regular payments, the amount you mine is purely based on how fast your video card is. No pools have any religious or other purpose that I've seen.

bitrain
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June 27, 2011, 11:39:16 PM
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Yep, I really doubt that there are some as well... But you may wait until more Muslim countries will be involved in this process.
You just have to understand that people from other religions may be honest as well and even share some of your principles...

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dtmc
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June 28, 2011, 12:51:35 AM
 #4

salaam alaikum wa rahmatullah, brother! message me if you want to bounce some business ideas off each other, or just talk! I just got started with bitcoin and bought my first last week. Right now I'm speculating the market.. just holding on to them. Inshallah, I will get a new desktop and mine in the near future.

ma salaam
BitcoinPorn
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June 28, 2011, 02:12:07 AM
 #5

I am not sure if you all are away of this going on Islamic Bank of Bitcoin? (33.00 BTC Investment so far ) بنك بتكوين الاسلامي http://forum.bitcoin.org/index.php?topic=21732.0

raresaturn
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July 01, 2011, 06:13:02 AM
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I don't think bitcoin cares what religion you are.   

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July 01, 2011, 06:25:38 AM
 #7

I dont think there is a need for islamic pools, the coins from pools are halal/kosher/permissible.

you are welcome to join us in our project ( islamic bank of bitcoin) , we hope you invest in it.



Salam,

Very interesting project, will invest in the future when I have the bitcoins (currently mining).
Maybe there's anything I can help with?

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fassadlr
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July 01, 2011, 07:15:37 AM
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Mining has nothing to do with profit or loss. Its not like investing in a shares fund or some other other equity. So I really don't see what the issue is?

But yeah I second what someone else has said. Bitcoin is for the free world, it certainly doesn't care what religion you are!
stringcolor
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July 01, 2011, 07:23:12 AM
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Mining has nothing to do with profit or loss. Its not like investing in a shares fund or some other other equity. So I really don't see what the issue is?

But yeah I second what someone else has said. Bitcoin is for the free world, it certainly doesn't care what religion you are!

Amen to that.
edit : No pun intended Tongue
Whoorin
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July 04, 2011, 09:27:00 PM
 #10

English speaking Muslims are all in europe.

I doubt that you'll get any good bit-reception, or whatever.

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bitrain
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July 12, 2011, 03:49:09 PM
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So, does anyone established any Islamic pools? So, you know, after the Aljazira report muslims have to think about bitcoin lot-lot more...

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