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Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 902902 times)
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Minor Miner
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October 31, 2014, 05:11:27 PM
 #7921

Just to clarify:
IF no one buys BTC Guild from you, we need to have moved our miners BEFORE November 30.   The 90 days is just for withdraws, not for mining.  Correct?

Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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eleuthria (OP)
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October 31, 2014, 05:14:31 PM
 #7922

Just to clarify:
IF no one buys BTC Guild from you, we need to have moved our miners BEFORE November 30.   The 90 days is just for withdraws, not for mining.  Correct?

Correct.  Unless the pool is sold, users will need to move miners by November 30th.  The remaining 60 days are there for users to claim any balances left on their accounts.

Miners may wish to leave now, but it is possible that BTC Guild continues to operate under new management and the full closure does not happen.

RIP BTC Guild, April 2011 - June 2015
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October 31, 2014, 05:26:08 PM
Last edit: October 31, 2014, 05:59:28 PM by PatMan
 #7923

This is a sad day.

I commend you on what you have done for the Bitcoin community and for Bitcoin itself with your tireless work on BTCGuild. You set the highest standards possible with your honesty, understanding and continuous help towards your miners, no other pool comes close to your customer support.

Your Legendary status is an understatement. Kudos to you. And thank you.

Y'all come on over to p2pool now - ya hear?  Grin

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
http://www.ae911truth.org/ - http://rethink911.org/ - http://rememberbuilding7.org/
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October 31, 2014, 05:32:23 PM
 #7924

 Cry
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October 31, 2014, 05:47:31 PM
 #7925

You said:

"Pool Recommendations and Advice

For users looking for a new home for their miners, I highly recommend BitMinter, Eligius, and p2pool. I do not recommend Slush over any of those 3 options, and I actively encourage users to not use Discus Fish or GHash.io. Other smaller pools exist which are run by honest people, but due to their size, it is difficult to recommend them to the average miner."

Is something up with slush that we should know about?
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October 31, 2014, 05:51:04 PM
 #7926

You said:

"Pool Recommendations and Advice

For users looking for a new home for their miners, I highly recommend BitMinter, Eligius, and p2pool. I do not recommend Slush over any of those 3 options, and I actively encourage users to not use Discus Fish or GHash.io. Other smaller pools exist which are run by honest people, but due to their size, it is difficult to recommend them to the average miner."

Is something up with slush that we should know about?

Slush does not have any presence on his own pool thread (or the forum itself), continues to use a broken payout method even after saying he was going to change to a proper unhoppable method, and redirected a DDoS at BTC Guild in the past by pointing his DNS to my servers.

RIP BTC Guild, April 2011 - June 2015
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October 31, 2014, 05:55:14 PM
 #7927

Manual payout has been adjusted to only take a 0.0001 fee for payouts under 0.01.  Automatic payouts will be adjusted to send the full amount rather than the exact amount specified before the weekend is over.

RIP BTC Guild, April 2011 - June 2015
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October 31, 2014, 06:13:07 PM
 #7928

E,
   You're an amazing person to have developed 2 of the most successful pools in the history of cryptos, BTCGuild and ScryptGuild.  I hope that your endeavors take you to higher realms of possibility.  It's sad to see bitcoin becoming so centralized with large farms popping up, but that's what PoW coins will eventually see happen as machines become more powerful, costs rise, and difficulty skyrockets.  I have high hopes for bitcoin, but the immense expenditure on electricity makes me feel slightly ill...

Good luck out there and I hope your next adventure is a success!
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October 31, 2014, 06:21:20 PM
 #7929

Sad news I hope Bitmain will take over this awesome pool. 

Bitcoin mining Antminer s7 4.7 TH Used in Good Condition Best Offer Prices @ ebay seller order directly here https://goo.gl/uaoh1r. Bitcoin payment optional.
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October 31, 2014, 06:25:28 PM
 #7930

Just to clarify:
IF no one buy
s BTC Guild from you, we need to have moved our miners BEFORE November 30.   The 90 days is just for withdraws, not for mining.  Correct?
I'd love to buy BTC Guild mining pools if offer a good price. it has a nice and simple UI. too bad it is closing down.
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October 31, 2014, 06:52:31 PM
 #7931

This is a small update, and is reflected on the website.  There is already interest being shown by multiple parties, at least two of which appear to be seriously interested, in purchasing BTC Guild.

While I absolutely recommend users prepare to switch pools, it *may* not be needed.  If the pool is sold prior to November 30th, or is in the final stages of negotiation, then the pool will continue to operate, hopefully without any downtime in the transition to new management.

RIP BTC Guild, April 2011 - June 2015
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October 31, 2014, 06:55:23 PM
 #7932

This is a sad day.

I commend you on what you have done for the Bitcoin community and for Bitcoin itself with your tireless work on BTCGuild. You set the highest standards possible with your honesty, understanding and continuous help towards your miners, no other pool comes close to your customer support.

Your Legendary status is an understatement. Kudos to you. And thank you.

Y'all come on over to p2pool now - ya hear?  Grin

This.

Looking forward to seeing your next direction eleuthria, any plans in the works?
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October 31, 2014, 07:14:16 PM
 #7933

This is a small update, and is reflected on the website.  There is already interest being shown by multiple parties, at least two of which appear to be seriously interested, in purchasing BTC Guild.

While I absolutely recommend users prepare to switch pools, it *may* not be needed.  If the pool is sold prior to November 30th, or is in the final stages of negotiation, then the pool will continue to operate, hopefully without any downtime in the transition to new management.


THANKS FOR BEING A GOOD POOL OPERATOR.

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October 31, 2014, 07:19:11 PM
 #7934

BTC Guild was the first pool i used
TOP service 
TOP support
YOU will be missed.

Paul...
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October 31, 2014, 07:20:40 PM
 #7935

You should donate the pool to the community.
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October 31, 2014, 07:24:02 PM
 #7936

Thanks for everything Eleuthria, BTC Guild was my first pool and you are one of the most present and active pool operators around!  Great work, great contribution!

Good luck for your future projects!

Kexkey

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October 31, 2014, 07:24:53 PM
 #7937

E, thank you for running such a top notch and honest operation. Your commitment to the community and your transparency will always be appreciate by me.
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October 31, 2014, 07:35:48 PM
 #7938

Thats it.... I am gonna start drinking ...


(bit of a Lie I already was)

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October 31, 2014, 07:37:30 PM
 #7939

It's sad to see BTC Guild will be shut down or sold.

It feels like an era is nearing the end. Of all the 2011 mining pools only a handful remain at this time. Maybe I'm just being nostalgic, but it feels like
some of the new pools and even new miners are increasingly motivated by greed and know and care less and less about Bitcoin.

I hope you'll still be a part of the community. Perhaps we will see another Bitcoin-related project from you in the future.

Thanks for recommending Bitminter.

Being in competition with BTC Guild wasn't easy. But it was always a competition of gentlemen.

Thank you for playing fair and honest. Thanks for being responsible when BTC Guild got too much of the global hashrate. Thanks for caring about Bitcoin and the community.

BTC Guild is a huge success and something you can always be proud of.

I tip my hat to you, sir.

▶▶▶ bitminter.com 2011-2020 ▶▶▶ pool.xbtodigital.io 2023-
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October 31, 2014, 07:48:45 PM
 #7940

End of an era, cant help but feel this reflects badly on bitcoin network if a good pool cant risk being part of it.   A distributed network that keep consolidating?  Is that a good thing really, seems a bit dangerous to continue on this path

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