Pooled
Mining
Server

News

What is Pooled Mining?

TBD

Why do I need it?

TBD

How does it work?

TBD, shortly: Miners solve blocks with very low difficulty. Every found solution is registered as 'share'. When solution also fits official Bitcoin difficulty, total reward of 50 BTC is divided between all users with following formula:

(shares found by user's workers) / (total shares in current round)

Shares are deleted after block is found, so each miner is rewarded only for block on which he participated.

How to get started?

1. Install miner to your computer

Works with all main CPU/GPU miners:

2. Sign up bitcoin.cz account

3. Run miner

Run own CPU/GPU miner with given worker credentials and connect it on this URL:

http://mining.bitcoin.cz:8332

Is it safe?

TBD

About

This is free service. If you are satisfied, please donate to 1FNTpsLm8Mitdd99YC1tHSyN2dVMdQiWYo

You can contact me via email info(at)bitcoin.cz or via bitcoin.org forum - nick slush.