DeepBit
DeepBit was a mining pool. The site currently reports a hash rate of 0 Gh/s, many users report the pool as abandoned[1] and the last block seems to have been found on 28 November 2013. The pool operator who opened the announcement / support thread on the BitcoinTalk Forum was last active on 16. March 2014[2].
Contents
Description
This pool aimed to provide a simple reward sharing scheme and fast payments. It was once the biggest mining pool and at one point had more than 50% of the overall hash power at the time[3].
The service was first available for beta testing starting February 26, 2011[4].
Reward distribution
- Proportional: 3% fee.
- Pay-Per-Share mode: Current rate shown on website.
ASIC hardware
On September 10th, 2012, the owner of DeepBit announced plans for a custom Bitcoin mining ASIC termed Reclaimer.[5]. On April 8th, 2013, cancellation of the project was announced, citing lack of public interest.
Advantages
The pool had the following benefits:
- Instant payments – the balance is updated every hour, you do not need to wait 20 hours to get your money
- Two different modes of charging – with payment for each share and a proportional
- Support long polling reduces the number of latecomers ball
- Insurance against disabled units-money is accrued regardless of whether the block is confirmed by the network
- Open registration, the number of connections and accounts are not limited
- There is a JSON / JSON RPC API for issuing control data for monitoring and statistics collection programs
- Dynamically generated userbar for signatures on forums
- Backup server for auto-switch in case of problems or lack of communication
- The possibility of payment with a precision of 8 decimal places