Minor Miner
Legendary
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Activity: 2478
Merit: 1020
Be A Digital Miner
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October 31, 2014, 05:11:27 PM |
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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?
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eleuthria (OP)
Legendary
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Activity: 1750
Merit: 1007
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October 31, 2014, 05:14:31 PM |
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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.
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RIP BTC Guild, April 2011 - June 2015
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PatMan
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October 31, 2014, 05:26:08 PM Last edit: October 31, 2014, 05:59:28 PM by PatMan |
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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?
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pikachuy
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October 31, 2014, 05:47:31 PM |
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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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eleuthria (OP)
Legendary
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Activity: 1750
Merit: 1007
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October 31, 2014, 05:51:04 PM |
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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.
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RIP BTC Guild, April 2011 - June 2015
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eleuthria (OP)
Legendary
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Activity: 1750
Merit: 1007
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October 31, 2014, 05:55:14 PM |
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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.
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RIP BTC Guild, April 2011 - June 2015
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BRADLEYPLOOF
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October 31, 2014, 06:13:07 PM |
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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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Gogreen
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October 31, 2014, 06:21:20 PM |
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Sad news I hope Bitmain will take over this awesome pool.
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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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Luckycoin90
Member
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Activity: 91
Merit: 10
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October 31, 2014, 06:25:28 PM |
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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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eleuthria (OP)
Legendary
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Activity: 1750
Merit: 1007
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October 31, 2014, 06:52:31 PM |
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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.
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RIP BTC Guild, April 2011 - June 2015
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windpath
Legendary
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Activity: 1258
Merit: 1027
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October 31, 2014, 06:55:23 PM |
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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? This. Looking forward to seeing your next direction eleuthria, any plans in the works?
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philipma1957
Legendary
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Activity: 4312
Merit: 8871
'The right to privacy matters'
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October 31, 2014, 07:14:16 PM |
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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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pjcltd
Legendary
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Activity: 1778
Merit: 1003
NodeMasters
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October 31, 2014, 07:19:11 PM |
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BTC Guild was the first pool i used TOP service TOP support YOU will be missed.
Paul...
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cesarm
Member
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Activity: 92
Merit: 10
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October 31, 2014, 07:20:40 PM |
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You should donate the pool to the community.
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Kexkey
Full Member
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Activity: 237
Merit: 100
Smile while thinking.
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October 31, 2014, 07:24:02 PM |
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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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This digital signature is not a digital signature.
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faetos
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October 31, 2014, 07:24:53 PM |
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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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zerokwel
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October 31, 2014, 07:35:48 PM |
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Thats it.... I am gonna start drinking ...
(bit of a Lie I already was)
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DrHaribo
Legendary
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Activity: 2730
Merit: 1034
Needs more jiggawatts
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October 31, 2014, 07:37:30 PM |
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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.
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STT
Legendary
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Activity: 4102
Merit: 1454
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October 31, 2014, 07:48:45 PM |
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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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