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10 sats \ 2 replies \ @Undisciplined 22 Oct \ parent \ on: Anyone Can Share Experience with Avalon Nano 3S Experience bitcoin_beginners
I'm not sure what the lifetime is, but I think these miners last a long time.
The limiting factor will probably be the hash rate not keeping up with the difficulty adjustment at some point.
Thanks, one more question is on ocean pool, do you set up on chain with a threshold? Seems I have to budget at least 500 sats for each on chain transaction, so have to wait for a while before each payout? Means there is a trust model involved?
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Ocean has a pretty high minimum on-chain payout, so there's definitely trust involved.
I haven't set up bolt-12 payments, yet, but those get paid as blocks get mined.
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