sourcenode on Nostr: Every time I meet an industrial scale miner I pitch them this idea: Ocean mining has ...
Every time I meet an industrial scale miner I pitch them this idea:
Ocean mining has made a claim that their rewards pay out %20 higher on a longer timeframe average.
If that is true an industrial scale miner could benefit from allocating a portion of their hash rate to Ocean. The payouts are not as consistent as FPPS, but if you manage your hash like an investment portfolio you can invest a portion in a more volatile allocation.
If its true that the payout is 20% higher a smart company would gradually allocate more and more over time by learning to manage the volatility internally rather than outsourcing that risk (plus fees) to a shady mining pool that isn't aligned with the bitcoin ethos.
I've recieved positive feedback so far on the idea, but haven't gotten this message to any real decision makers yet. The mining industry and developers seem to currently be siloed and not communicating.
Ocean mining has made a claim that their rewards pay out %20 higher on a longer timeframe average.
If that is true an industrial scale miner could benefit from allocating a portion of their hash rate to Ocean. The payouts are not as consistent as FPPS, but if you manage your hash like an investment portfolio you can invest a portion in a more volatile allocation.
If its true that the payout is 20% higher a smart company would gradually allocate more and more over time by learning to manage the volatility internally rather than outsourcing that risk (plus fees) to a shady mining pool that isn't aligned with the bitcoin ethos.
I've recieved positive feedback so far on the idea, but haven't gotten this message to any real decision makers yet. The mining industry and developers seem to currently be siloed and not communicating.