Author

Topic: btcguild being bought out. (Read 1201 times)

hero member
Activity: 662
Merit: 500
November 02, 2014, 04:18:21 AM
#12
Well it is at least much better than eleuthria's original plan of shutting the pool down.
sr. member
Activity: 272
Merit: 250
November 01, 2014, 09:46:38 PM
#11
Its really sad that btcguild is closing down. 51% risk is higher now...
legendary
Activity: 1036
Merit: 1000
Thug for life!
November 01, 2014, 08:59:03 PM
#10
I think that GHash.IO would be a seriously interested potential buyer to expand their already massive mining operations.
I think a discuss fish would be very interested to buy btcguild through a middleman.
I would doubt that either pool would be interested in buying btcguild, at least in it's current state.

According to https://blockchain.info/pools BTCguild only has ~5% of the network hashrate over the past 24 hours, this compares to 29% and 19% for discus fish and ghash respectivly, so both pools would be gaining relatively small amount of hashrate. This plus the fact that most mining is doing by large corporate farms which little of which is apparently done on BTCguild, making it to be not a great acquisition target.

I would say that BTCguild would likely be purchased by someone who is running a very small pool with under 1% of the network or by someone who is looking to start their own pool
full member
Activity: 196
Merit: 100
The cheddar breed jealousy
November 01, 2014, 10:17:45 AM
#9
Sad that such an honest pool is being sold...
The owner is awesome; does not get much better tbh.
member
Activity: 67
Merit: 10
November 01, 2014, 10:15:50 AM
#8
Sad to hear that they can't carry on their business without  complying with the new issuing regulation.

So btcguild is operating in the US too?
sr. member
Activity: 391
Merit: 250
November 01, 2014, 05:51:48 AM
#7
I think that GHash.IO would be a seriously interested potential buyer to expand their already massive mining operations.
Q7
sr. member
Activity: 448
Merit: 250
November 01, 2014, 05:38:52 AM
#6
First i thought it was forced to shut down by certain agencies but at least for now i know it's being bought out. I'll just wait for conformation on the news.
legendary
Activity: 1386
Merit: 1016
November 01, 2014, 05:37:46 AM
#5
Sad to hear that they can't carry on their business without  complying with the new issuing regulation.
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
November 01, 2014, 05:16:12 AM
#4
I think a discuss fish would be very interested to buy btcguild through a middleman.

Gooooo F2Pool!
hero member
Activity: 672
Merit: 500
November 01, 2014, 04:53:05 AM
#3
I think a discuss fish would be very interested to buy btcguild through a middleman.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
member
Activity: 101
Merit: 10
November 01, 2014, 04:21:15 AM
#1
just read news that btcguild is going to be sold or bought out by another company.  Any body have any info on that.  Of course we hope it is not another big mining pool that is buying them out, that wouldn't be good.

Thanks for reading.
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