Can't you mine on OCEAN with a small hash rate?
Discussion
im no expert but my understanding is that with TIDES you still need to submit enough work to be rewarded, so for very low hashrate you would likely not receive anything. but the bar is pretty low still and a bitaxe meets it i think
If bitaxe meets it, it's enough. If you mine less than one bitaxe, your contribution is negligible even if there is a million yous.
No, a share is a share. You get rewarded proportional to hashrate regardless of hashrate. Yes, even the lowest hashrate Bitaxe will work fine.
A fun thing you can do with DATUM, BTW, is to intentionally set the minimum difficulty *higher*. It will take you longer to actually find a share, but then that share will be worth more. In that way, you can actually emulate a lottery with whatever odds you want: "lottery mining" with a full block rewards isn't the only option anymore.
Yes, you can by using an CLN node so it supports bolt 12 static invoices.
Yes, absolutely. I'm mining on it with everything from a Bitaxe Ultra to an S21Pro (and via DATUM, so with my own block templates). A share is a share. It just takes longer to find a share with low hashrate.
If all you have is a Bitaxe, you'd want to set up lightning payments, which requires BOLT12.
If you have, say, an S9 or better, then on-chain is feasible. The minimum payout is normally ~1 million sats. But, if you stop mining to the account, you get a payout after all the shares have been rewarded as long as you have at least 65,536 sats.
Not tiny (i.e. # nerdminer), but #bitaxe yes.