slushpool.txt

Slush's Pool
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The idea of mining in a pool
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"When I launched the pool, bitcoin had globally around 3000 users and it was
not easy to convince people to start mining in a pool. With a difficulty of
15000, it was still possible to mine blocks for a single miner equipped with a
decent GPU card. Nevertheless, it was clear to me that very soon reasonable
rewards for an individual miner would become a dream. I thought that a pooled
infrastructure and a mathematical formula for a fair rewards distribution could
make a big difference", describes Marek Palatinus the birth of the Slush's
Pool.

History
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The Slush's Pool was introduced in late 2010 and since then it attracted more
than 630 000 miners over time. Within few months a new protocol called Stratum
became to an existence. This protocol proved to be perfectly suitable to
support upcoming terahash-strong miners and has been adopted by all major
pools. Thanks to this innovation, mining pools are ready for a difficulties we
see nowadays.

Version 2.0
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A few months ago we started to make preparations for a new edition of the pool
aka Slush's Pool 2.0. The changes will be deployed gradually and will lead to
better user experience in overall. The goal is to introduce new features and
technologies that will make mining accessible to newcomers as well as keep it
attractive for its current advanced users.