The thing is YOU don't have the hashrate. You are paying a contractor to provide ...

npub1m50…glzq

2025-02-08 23:25:28

in reply to nevent1q…vgjp

The thing is YOU don't have the hashrate. You are paying a contractor to provide hashrate in Ocean's pool. This means unless the Hashrate provider has customizability surrounding the bitcoin software they run I.E. Bitcoin Knots and they allow you to add a block template to their DATUM instance (assuming that hashes a block) you are just keeping their lights on and they kick you some hashrate for their trouble.

This is akin to saying "I mined some gold. I paid a crew to come with machines and work the mine, and they sent it to a refiner, and I got some of what was refined" that's not mining, that's financing a mining operation. The refiner makes the rules, and the miners you hired do the work.

The suggestion to have Bitaxes was so YOU could mine affordably without relying on the systems that you are now. No disrespect, I am just a very technical guy, and technically hosted mining is not mining.

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2025-02-08 23:25:28

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