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0 sats \ 3 replies \ @OT 14 Oct \ parent \ on: DATUM & NWC bitcoin_Mining
It could be a good idea with ecash, but then they become custodians like the other pools.
On a positive it would save on output fees from the coinbase TX. 1 output goes to the mint where it can be claimed by each individual miner when they like.
But NWC is an extra complication I think.
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0 sats \ 2 replies \ @EverythingSatsoshi OP 14 Oct
There's work being done to tether npubs with ecash
They already are custodians, when you think about the fact that they make milli satoshi payouts. Which is a good tradeoff, even tho for now, the reliance is just on CLN. They've not allowed Bolt12 for other implementations. ECASH is the next best alternative imo. But nostr wallet connect is just a think I love.
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0 sats \ 1 reply \ @odium 25 Oct
If I'm mining BITCOIN why would I want to get paid in some token - while I could get paid in Bitcoin directly?? Might as well get paid in fiat then
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0 sats \ 0 replies \ @EverythingSatsoshi OP 25 Oct
Good point.
However Ocean does pay in Lightning Sats(BOLT12)
So it's possible to have a payout in ecash, as it's tethered to the lightning network.
Plus you could prove that the satoshis in a lightning channel that pays you out was from a coinbase transaction, and hasn't really been tainted
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