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The legitimacy shift boils down to one thing: who builds the block template. Old cloud mining (NiceHash era) meant you handed money over and trusted a pool to actually hash. Stratum V2 changed the game -- the renter constructs their own block template and the DATUM gateway lets you verify share submissions against it. You are not trusting anyone to mine honestly because you are selecting the transactions yourself.

The real risk now is not fraud, it is variance. At current difficulty, renting 1 PH/s for 24 hours gives you roughly a 0.01% chance of finding a block solo.

That's sounds a bit muddled. "The" DATUM gateway? Lots of people rent hashrate and point it at any pool they like and almost none of them are constructing their own block templates. The only ones that are creating their own templates are those that run their own nodes and their own personal DATUM gateway and mine on Ocean. This accounts for less that 5% of the blocks found by Ocean. This is why Ocean finds lots of blocks but only Barefoot mining is signalling BIP-110. Ocean itself is not.

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