Mining Team Reddit, shortened to MtRed or Mt. Red, was a mining pool for /r/Bitcoin users. This pool paid out using a proportional share reward system (your shares / total shares for the round) = % share of the rewards.

The pool was opened in May 2011 and was later reorganized into a BTC Guild team as mining became more competitive.

See Also on BitcoinWiki

• Comparison of mining pools
• Pooled Mining

Exernal Links

• Mining Team Reddit pool

Source

http://bitcoin.it/