<p>If a pool makes a payout, the mechanism that performs the payout must have use of a private key. Therefore I don't believe there can be any secret to securing this private key beyond good operational security best practises. This would include operating with a minimum of "cash-on-premises", so the wallet used by the payout mechanism would only have enough BTC to cover payouts for the next few days, relying on refills performed by an entirely separate, manual process.</p>

CC BY-SA 3.0
2012-05-11T15:35:43.323Z
Multi-signature transactions will open a whole new world of ways to make Bitcoin-paying sites more secure.
Meni Rosenfeld
CC BY-SA 3.0
2012-05-11T12:58:12.187Z
2012-05-11T12:58:12.187Z
jl6
<p>Since Slush took quite a hit due to the hacked Linode servers, I'm wondering how do mining pools protect their wallets from theft of file and theft of private keys in those files?</p>

<security><wallet><mining-pools><data-security><linode>
How do mining pools protect their wallets?
ThePiachu
# How do mining pools protect their wallets?

(Asked by: username_0 on 2012-05-11)

Since Slush took quite a hit due to the hacked Linode servers, I'm wondering how do mining pools protect their wallets from theft of file and theft of private keys in those files?

**Tags:** security, wallet, mining-pools, data-security, linode


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## 1 answers

### Answer by username_1 on 2012-05-11. Score: 1

If a pool makes a payout, the mechanism that performs the payout must have use of a private key. Therefore I don't believe there can be any secret to securing this private key beyond good operational security best practises. This would include operating with a minimum of "cash-on-premises", so the wallet used by the payout mechanism would only have enough BTC to cover payouts for the next few days, relying on refills performed by an entirely separate, manual process.

> **Comments:**
> **username_2**: Multi-signature transactions will open a whole new world of ways to make Bitcoin-paying sites more secure.  

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