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713 sats \ 8 replies \ @petertodd 20 Dec 2023 \ on: Ocean Mining Hashrate polls
Ocean is kneecapping themselves by consistently rejecting fee paying transactions. Fact is, on top of the cost of variance because they're so small, you'll earn less money mining with them because they aren't collecting all the fees that they could. I won't be surprised if they fail entirely before the halving and effectively cease to exist. Due to variance, in mining failure tends to compound on itself.
Luke-Jr is truly foolish for throwing away an opportunity to actually build more decentralize mining pool, just to make a stupid, useless, political statement about inscriptions.
This is a pretty good take. Prettu disappointing and the risk of failure is real. I planned to mine with them but dont thimk i will anymore. My new plan is to just get a modest amount of hashpower i can throw at a solo pool once halving happens or if i get a decent chunk of change might get one of thosr futirebit II 's and solo mine directly with it. Until then ill use a pplns pool to get as much out of this epoch as i can.
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Which PPLNS pool are you using?
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The only one i know thats left and has reasonable hashpower and isnt ant pool...sbi crypto
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Noted, thank you for following up!
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How much is the difference in not accepting these TX? I'd laugh if it were about 100 sats
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right now it's a considerable difference. @mononautical has been posting a lot of mempool analysis and Ocean's block template for one block in particular left out approx 13% of the fees IIRC
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My anecdotal comparing b/t their template and the next block that was mined was significant difference. Millions of sats, certainly not 100.
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Luke-Jr is truly foolish for throwing away an opportunity to actually build more decentralize mining pool, just to make a stupid, useless, political statement about inscriptions.
This.
Ceterum Censeo: 21M is a stupid meme...
;)