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11 sats \ 5 replies \ @Undisciplined OP 19 Dec \ parent \ on: Bitaxe Finally Arrived bitcoin_Mining
I'm thinking about moving it out to the garage, but mostly because it's cooler out there.
I probably will end up solo mining. I wanted to see if I'm receiving sats first, as a test of whether I set everything up correctly.
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35 sats \ 4 replies \ @gnilma 19 Dec
If you don't have lightning payments setup, it will be a long time until you reach the on chain threshold. And even then, you have to deal with a small UTXO, which also sucks. I think if you're pool mining at home with very low hash rates, lightning payout is the only reasonable route.
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11 sats \ 3 replies \ @Undisciplined OP 19 Dec
That makes sense. I'll look into receiving the lightning payments first and then switch over to solo mining.
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26 sats \ 2 replies \ @gnilma 19 Dec
You don't have to worry about lightning payments if you go solo, as 3.125+block fees btc is a big fat UTXO and probably won't be able to be routed over the lightning network. If you ever solo mine a block, I think you can only receive the reward on chain.
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11 sats \ 1 reply \ @Undisciplined OP 19 Dec
I'd imagine so. I don't have anywhere near that much inbound liquidity.
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26 sats \ 0 replies \ @gnilma 19 Dec
Even if you have enough inbound liquidity, you probably wouldn't be able to find a route. We're talking over 312.5 million sats. Typical channel sizes are a few to tens of million sats.
Also, I don't even think the protocol allows for lightning payments when solo mining. Coinbase transactions (the block reward tx, nothing to do with the exchange) are always done on chain.
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