BitPenny is switching to the Stratum protocol.
Please stop using BitPenny Client as it is not compatible with version 2 blocks and will no longer be supported or required.
Connection details will be published after upgrades are completed.
BitPenny Client is Now Open Source
Windows and Linux Binaries Available
BitPenny Client version 0.5.2 (2012-07-03)
- updated codebase to bitcoin 0.6.3
- fixed a bug in 0.5.1 which delayed reconnecting to the pool
First, a bit of bitcoin history.
A long, long time ago, when Slush's was the only pool in town and CPU miners battled GPUs for a piece of the proportional pie, BitPenny was born. BitPenny was different: it introduced the 0-volatility Pay-Per-Share model, instant payouts, and the most simple interface to date with only a bitcoin address required to start mining (no usernames, passwords, or registration required). Being a pioneer in PPS - the only model where the pool risks losing its own bitcoins - BitPenny was soon forced to close due to excessive losses. Yet, BitPenny had left its mark, and all of its innovative improvements have since been adopted, and adapted, by many pools in the bitcoin community.
Sustainable Mining
Since the very beginning, pools have aggregated the power of thousands of individual miners, introducing centralized points of failure as well as the potential to perform chain-splitting and double-spending attacks against the bitcoin network. BitPenny believes that it is time to pay attention to the health and security of the entire bitcoin network. BitPenny is back.
- Cluster-friendly, allowing you to hook up an unlimited number of CPUs or GPUs.
- 0-latency work and full statistics from a sand-boxed client based on the official bitcoind.
- Strengthens the bitcoin network instead of being a central point of failure.
- Eliminates all wasted mining time with instantaneous fail-over to solo mode.
- Maintains the hashing power of the bitcoin network even in case of pool outage.
- Eliminates the 50% pool power problem - BitPenny cannot double-spend or create a fork.
- Low-variance Delayed PPS model immune to pool-hopping.
- Non-decaying shares let you disconnect without losing your work.
- Variance reduction using a pool credit buffer and transaction fees.
- As always, no registration required
Go to BitPenny.com to learn more and join the future of sustainable mining.
Join #bitpenny for help and to chat with fellow miners.