MachuPikacchu on Nostr: GrassFedBitcoin question about FPPS. Suppose you wanted to drain that pool and punish ...
GrassFedBitcoin (npub1wnl…n3wr) question about FPPS.
Suppose you wanted to drain that pool and punish it for using the FPPS model. Is it possible for a group within the pool to mine their templates but withhold submitting a solved block so that they keep getting paid the subsidy but the pool loses revenue?
If enough of their hashrate does this then the pool goes bust unless they can manage securing funds some other way. Or perhaps that’s already happening and hence why FPPS pays out up to 30% less than expected (according to your findings at Ocean)?
Sorry for the newb question.
Suppose you wanted to drain that pool and punish it for using the FPPS model. Is it possible for a group within the pool to mine their templates but withhold submitting a solved block so that they keep getting paid the subsidy but the pool loses revenue?
If enough of their hashrate does this then the pool goes bust unless they can manage securing funds some other way. Or perhaps that’s already happening and hence why FPPS pays out up to 30% less than expected (according to your findings at Ocean)?
Sorry for the newb question.