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Author Topic: Mining pool reward FAQ (wiki)  (Read 907 times)
Meni Rosenfeld
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May 26, 2011, 09:16:27 AM
 #1

I have started a long overdue Mining pool reward FAQ. Enjoy.

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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May 26, 2011, 09:19:51 AM
 #2

Thanks. Though I'm looking for a very clear explanation of the score-based system.

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May 26, 2011, 09:42:00 AM
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Well, there's an explanation of my score-based system which I hope is fairly clear. Going forward I'll write about it in the wiki too.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
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May 26, 2011, 02:30:16 PM
 #4

If someone has a substantial disagreement with the contents of that page, they should discuss it either here or the talk page. Edit warring isn't helpful.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
Meni Rosenfeld
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May 26, 2011, 06:49:56 PM
 #5

Apparently, it was naive of me to expect that the wiki won't be abused. I have requested the page to be deleted, and recreated the FAQ as a forum post.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
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