Jeff Garzik [ARCHIVE] on Nostr: đ Original date posted:2013-06-04 đ Original message:On Tue, Jun 4, 2013 at ...
đ
Original date posted:2013-06-04
đ Original message:On Tue, Jun 4, 2013 at 2:36 PM, Roy Badami <roy at gnomon.org.uk> wrote:
>> Sure they are paying themselves, but given bitcoin network
>> difficulty is uso high, simply obtaining payments-go-myself-as-miner
>> transactions is itself difficult.
>
> Not for pool operators it isn't. Nor for people buying hashing power
> from a GPUMAX-type service, if such services still exist (or should
> they exist again in future).
Re-read what I wrote. That's perfectly OK. It is analogous to a pool
operator receiving merged mined coins, each time they mine a bitcoin
block.
If you achieve the very high difficulty needed to create a valid
bitcoin block, you have achieved a very high bar.
--
Jeff Garzik
Senior Software Engineer and open source evangelist
BitPay, Inc. https://bitpay.com/
đ Original message:On Tue, Jun 4, 2013 at 2:36 PM, Roy Badami <roy at gnomon.org.uk> wrote:
>> Sure they are paying themselves, but given bitcoin network
>> difficulty is uso high, simply obtaining payments-go-myself-as-miner
>> transactions is itself difficult.
>
> Not for pool operators it isn't. Nor for people buying hashing power
> from a GPUMAX-type service, if such services still exist (or should
> they exist again in future).
Re-read what I wrote. That's perfectly OK. It is analogous to a pool
operator receiving merged mined coins, each time they mine a bitcoin
block.
If you achieve the very high difficulty needed to create a valid
bitcoin block, you have achieved a very high bar.
--
Jeff Garzik
Senior Software Engineer and open source evangelist
BitPay, Inc. https://bitpay.com/