Post
Topic
Board Pools
Re: [16000 TH] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers
by
eleuthria
on 07/02/2015, 21:28:26 UTC
Warning to New York Residents

The latest draft of the BitLicense proposal is out, and it is even worse than the last one when it comes to pools.  This is an approximately 75-day notice that if you are using the pool from New York, you will need to request your withdrawals and change pools.  Once the comment period ends (approx. 30 days) and the BitLicense is approved, unless it is changed, it will leave a 45-day window before it becomes effective.  Once the 45-day window begins, the pool will be implementing Geo-IP to ban the creation of accounts from New York, and a splash screen will appear to users who already have accounts telling them that the pool is no longer able to serve them and that they have 45 (or less) days to request their withdrawals.  After it becomes effective, the site will no longer be available for access from New York.