Our BTC mining pool is open and running. We pay using a PPLNS (pay per last N shares) system, which pays miners, when blocks are found, for the shares they have submitted within a range of (N) shares. The number of shares is based on the BTC network difficulty, and the frequency of finding blocks, and is currently set to 5,000,000. There is also a solo mining pool which pays the entire block reward minus the pool fee to the miner who found it. Currently our standard pool is set to a 0.85% fee, our solo pool is set to a 1.2% fee, and withdrawal fees are .00002 BTC. Consider subscribing to our newsletter for updates on any changes.
The default minimum balance for payouts is .001 BTC, and for now, payouts will be processed once per week. We are working diligently to finalize some of the automating of the pool server, and may increase the payout frequency to daily. If you would like to turn auto payouts off/on, or would like to change the minimum payout setting for your address, and you have verified your BTC address, then you can do so using the miner payout settings form.
To start mining, copy one of the mining links below to use with your miner, use your btc wallet address as your username, and x as your password.