Who Will Set Up Our Stacker News Mining Pool? \ stacker news ~bitcoin

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Who Will Set Up Our Stacker News Mining Pool?

1779 sats \ 35 comments \ @siggy47 16h bitcoin_Mining

https://sethforprivacy.com/guides/run-your-own-bitcoin-pool/

I just read this article and I know it's a pipe dream, but setting up a small SN mining pool would give everyone a chance to learn about mining and earn some sats. I think it would be a good marketing tool for Stacker News too.

Tell me why this is another one of my futile, ridiculous ideas.

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86 sats \ 1 reply \ @BlokchainB 15h

I have a bitaxe so I can help with a bit of hash.

54 sats \ 0 replies \ @sangekrypto 15h

That would be great, if it could air on SN.

82 sats \ 0 replies \ @0xbitcoiner 15h

Isn't it possible to create a subset of miners in OCEAN? I know it’d be cool to start a new pool, but that would take specialized work and maybe even someone full-time. We could also look into the possibilities with the new mining pool #916718

36 sats \ 1 reply \ @BlokchainB 15h

You! Of course

90 sats \ 0 replies \ @siggy47 OP 15h

I will put my sats where my mouth is. I know my tech limitations so I need someone to set up the node.

36 sats \ 6 replies \ @Satosora 11h

This sounds fun. Can we get it up amd going?

10 sats \ 5 replies \ @siggy47 OP 10h

I'm hoping someone with the know how steps up. If it has to be me, I have to be sure my server is sound before I do anything.

36 sats \ 4 replies \ @Satosora 9h

Maybe k00b can add it as part of the site?

20 sats \ 3 replies \ @siggy47 OP 9h

I think he has enough on his plate, and I'm not sure how it could be structured. It would be great, though.

36 sats \ 2 replies \ @Satosora 9h

Maybe someone in pleblab knows a little something about mining?

20 sats \ 1 reply \ @siggy47 OP 9h

I'm sure they do! I'm hoping someone steps up.

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136 sats \ 8 replies \ @DarthCoin 13h

80 sats \ 7 replies \ @siggy47 OP 13h

It doesn't look that difficult to do. Even I can cut and paste. The problem is when problems crop up. Then I break down.

136 sats \ 2 replies \ @DarthCoin 13h

I have faith in you. From being a lawyer you went to be a bitcoin node runner and learned a lot of tech shit. That is a lot !

21 sats \ 1 reply \ @siggy47 OP 13h

Retirement is boring

208 sats \ 0 replies \ @DarthCoin 13h

why do you think I decided to write all those guides and start building a citadel? 😂😂😂😂😂😂😂😂😂😂😂

36 sats \ 3 replies \ @SimpleStacker 13h

You should have a pretty good tech support system backing you up right here on Stacker.News!

30 sats \ 1 reply \ @DarthCoin 12h

Imagine that SNPool will mine 3 blocks in a row ! hahahahaha

also is a cool name SN from Satoshi Nakamoto

0 sats \ 0 replies \ @SimpleStacker 12h

SN Pool would be a great name

21 sats \ 0 replies \ @siggy47 OP 13h

True. Maybe once my nice Start9 server is back in business I'll dedicate it to the project. I'll just use it for the node.

36 sats \ 1 reply \ @Longtermwizard 10h

How can we do this?

21 sats \ 0 replies \ @siggy47 OP 10h

The link I provided gives a pretty good explanation. There are details we need to figure out. Would it only be a solo lottery mining pool? How easy would it be to have payouts sent via a lightning address like Braiins?

36 sats \ 6 replies \ @unschooled 15h

I'd contribute hash. If we wanted to go the Ocean route, I think the node needs to run on Knots (which mine does not).

100 sats \ 4 replies \ @siggy47 OP 15h

Yes, it's an added complication. To get LN payouts you need to run core lightning at this time.

36 sats \ 3 replies \ @unschooled 15h

That's also true. I believe even their block construction protocol requires a Knots bitcoin node.

I, also not being hugely technical, am facing too much inertia for making the switch from Bitcoin core. Theres too much I'm be afraid I'd be at risk of 'breaking'

@BitcoinMechanic are there any guides that maybe pertinent here?

10 sats \ 2 replies \ @siggy47 OP 15h

The Ocean web site has really good guides. I was all set up with knots and datum running great last week. Then... my Start9 went whacky. Nothing is running now. Start9 support has been great. I'm currently syncing the chain for bitcoin core again. They think it's a hardware issue. Once I'm confident in my equipment I will try again.

36 sats \ 1 reply \ @unschooled 14h

Did you switch over from Core?

I'm currently syncing the chain for bitcoin core again

precisely what I'd like to avoid.

10 sats \ 0 replies \ @siggy47 OP 14h

I did switch from core. I think I had underlying hardware problems which caused my struggles. On Start9 switching from core to knots wasn't really difficult. It is cool to see how much control knots gives you.

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100 sats \ 0 replies \ @optimism 12h

I think the node needs to run on Knots

I found this note, emph. mine:

NOTE: We recommend setting up your Bitcoin Node with Bitcoin Knots as it has more template controls than CORE.

I read that as: even if you wanna run Peter's libre-relay that's cool too. Maybe @BitcoinMechanic can confirm.

36 sats \ 0 replies \ @Longtermwizard 11h

If you make this happen, I will buy a bit axe right away!

36 sats \ 0 replies \ @zapsammy 14h

i wud be in with a Bitaxe!

36 sats \ 1 reply \ @Undisciplined 14h

I brought this up a while ago. I think it's a great idea. Sort of in between solo YOLO mining and regular big pool payouts.

41 sats \ 0 replies \ @siggy47 OP 14h

Exactly. And it's for a good cause- decentralization. I think the Ocean model would be too much friction-knots, core lightning, and Bolt12. We still would need LN payouts though, along the Braiins model, I guess.

36 sats \ 0 replies \ @grayruby 15h

This sounds like a fun idea.