๐งต Enterprise Bitcoin Mining 101: Transparency ๐งต
https://pbs.twimg.com/media/GlTuZoeWYAAAAjF?format=jpg&name=small
Discussion
๐๐ผ๐ฒ๐ ๐๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐บ๐ฎ๐๐๐ฒ๐ฟ ๐ถ๐ป ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐บ๐ถ๐ป๐ถ๐ป๐ด?
Without transparency, miners canโt verify theyโre being paid fairly for their hashrate contribution. Take FPPS (Full Pay Per Share) pools, for example. Many assume that contributing 10% of the poolโs hashpower means theyโll get 10% of the block rewards, minus a simple 2% fee (or whatever the pool advertises). Sounds straightforward, right?
Wrong. In reality, miners often earn far less than expected. Why? FPPS pools need massive reserves to guarantee daily payouts, especially during stretches of bad luck. To build and maintain these reserves, pools introduce hidden fees, murky spreads, โlostโ shares, and opaque calculations. Meaning miners are left guessing the true value of their accepted shares and often left earning much less than theyโd expect.
So, how do you fix this?
https://pbs.twimg.com/media/GlTuyUyWgAElfhv?format=jpg&name=small
๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐.
Transparency into everything surrounding how pools calculate payouts is the only way to ensure maximum profits for miners. Every share, every reward, every payout should be completely verifiable with zero guesswork. Eliminating any and all โfuzzy mathโโintentional or otherwiseโโand ensuring miners like you can independently verify their earnings, no blind trust required.
But, does any pool provide this level of transparency?
https://pbs.twimg.com/media/GlTvMd_WkAA5rmj?format=jpg&name=small
๐ข๐๐๐๐ก: ๐ง๐ต๐ฒ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐-๐๐ผ๐ฐ๐๐๐ฒ๐ฑ ๐ฃ๐ผ๐ผ๐น
OCEAN stands alone as the only pool built from the ground up for total transparencyโinstantly accessible the moment you connect. Point your miners to OCEAN, and youโre met with a clear view of everything we do: no hidden fees, no murky calculations, just real-time insights at your fingertips. From block construction to fees and payouts, you can see it all and easily confirm your rewards match your contributions.
This openness drives profitability for you and innovation for the ecosystem.
For your business, itโs a game-changer. For the first time, miners can track payout performance and hashrate down to the proof of work level, and boost their earnings potential with unparalleled clarity and optionality. The data from our miners shows that this level of transparency and freedom can mean substantially more monthly mining revenue.
๐ฆ๐ผ, ๐ฑ๐ผ๐ฒ๐ ๐๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐บ๐ฎ๐๐๐ฒ๐ฟ ๐ถ๐ป ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐บ๐ถ๐ป๐ถ๐ป๐ด? ๐ฌ๐ผ๐ ๐ฏ๐ฒ๐ ๐ถ๐ ๐ฑ๐ผ๐ฒ๐.
Transparency is essential to running the most profitable Bitcoin mining operation you can, and only one pool affords you the transparency required to do this: OCEAN.
Experience the power and profitability of mining with OCEAN. Donโt just take our word for it, thoughโverify the results yourself.
Get started now at https://ocean.xyz/getstarted
https://pbs.twimg.com/media/GlTvmXuWUAAyYFl?format=jpg&name=small
is there a way to use Ocean's open source code to make a small pool with friends? Some friends and I are buying bitaxes and want to do a lottery pool between us.
OCEAN get your Lightning wallet setup so we can zap the F outta ya